Parex Resources (OTCMKTS:PARXF) Trading Down 0.6% – What’s Next?

Parex Resources Inc. (OTCMKTS:PARXFGet Free Report)’s stock price traded down 0.6% on Tuesday . The stock traded as low as $9.27 and last traded at $9.44. 6,658 shares traded hands during trading, a decline of 90% from the average session volume of 65,462 shares. The stock had previously closed at $9.50.

Parex Resources Trading Up 2.7 %

The business’s 50-day simple moving average is $9.97 and its 200-day simple moving average is $11.91.

Parex Resources Company Profile

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Parex Resources Inc engages in the exploration, development, production, and marketing of oil and natural gas in Colombia. The company's principal land holdings and exploration blocks are in Colombia Llanos and Magdalena Basin. It has 55% working interest in Block LLA-34; 100% working interest in Cabrestero Block; and 50% working interest in Capachos Block and Block VIM-1.

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