Japan Petroleum Exploration Co., Ltd. (OTCMKTS:JPTXF – Get Free Report)’s share price dropped 9.7% during trading on Thursday. The company traded as low as $10.07 and last traded at $10.07. 500 shares traded hands during trading, an increase of 6% from the average daily volume of 470 shares. The stock had previously closed at $11.15.
Japan Petroleum Exploration Trading Down 9.7%
The firm has a 50-day moving average of $12.93 and a two-hundred day moving average of $13.67.
Japan Petroleum Exploration Company Profile
Japan Petroleum Exploration Co, Ltd. (JAPEX) is an energy company engaged in the exploration, development and production of oil and natural gas. Its activities include evaluating underground resources and developing projects to bring them into production.
In addition to its upstream operations, JAPEX is involved in natural gas and liquefied natural gas (LNG) supply, as well as related energy infrastructure and services. The company conducts business in Japan and participates in projects in overseas markets.
Established in 1955, JAPEX was created to support petroleum exploration and development in Japan.
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