Bow Energy Ltd., (CVE:ONG) Share Price Crosses Above 50-Day Moving Average – What’s Next?

Bow Energy Ltd., (CVE:ONGGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.20 and traded as high as C$0.20. Bow Energy Ltd., shares last traded at C$0.20, with a volume of 2,500 shares.

Bow Energy Ltd., Stock Performance

The business has a 50-day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.20.

Bow Energy Ltd., Company Profile

(Get Free Report)

Bow Energy Ltd., a natural resource company, engages in the acquisition, exploration, development, and production of oil and gas properties in Indonesia. Its principal properties include production sharing contracts, such as Bohorok, Palmerah Baru, Palmerah Deep, Mahato, as well as South Block A and Bohorok Deep properties located in Sumatra, Indonesia. The company was formerly known as ACL International Ltd. and changed its name to Bow Energy Ltd. in February 2017. The company was founded in 1989 and is based in Calgary, Canada.

Recommended Stories

Receive News & Ratings for Bow Energy Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bow Energy Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.