SRC Energy (NYSEAMERICAN:SRCI) Shares Cross Below Fifty Day Moving Average – Time to Sell?

SRC Energy Inc (NYSEAMERICAN:SRCI) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.00 and traded as low as $3.94. SRC Energy shares last traded at $4.00, with a volume of 20,975,300 shares.

SRC Energy Stock Performance

The business has a fifty day moving average of $4.00 and a two-hundred day moving average of $4.00.

About SRC Energy

SRC Energy Inc, an oil and natural gas company, engages in the acquisition, exploration, development, and production of oil, natural gas, and natural gas liquids primarily in the Denver-Julesburg Basin of Colorado. As of December 31, 2018, it had net proved oil and natural gas reserves of 88 million barrels of oil and condensate, 771.9 billion cubic feet of natural gas, and 89.1 million barrels of natural gas liquids; and operated 985 net producing wells, as well as had 95,200 gross and 86,200 net acres under lease in the Wattenberg Field.