Spartan Delta (OTCMKTS:DALXF) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Spartan Delta Corp. (OTCMKTS:DALXFGet Free Report)’s stock price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $2.48 and traded as low as $1.88. Spartan Delta shares last traded at $1.95, with a volume of 25,695 shares.

Spartan Delta Stock Down 1.4 %

The firm’s 50 day moving average is $2.36 and its two-hundred day moving average is $2.48.

About Spartan Delta

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Spartan Delta Corp. engages in the exploration, development, and production of oil and natural gas reserves in the Western Canada. Its assets are located in Montney and Deep Basin. The company was formerly known as Return Energy Inc and changed its name to Spartan Delta Corp. in May 2020. The company was incorporated in 2006 and is headquartered in Calgary, Canada.

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