Petrofac (OTCMKTS:POFCY) Stock Passes Above 50 Day Moving Average – Time to Sell?

Petrofac Limited (OTCMKTS:POFCYGet Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.04 and traded as high as $0.04. Petrofac shares last traded at $0.04, with a volume of 46,072 shares changing hands.

Petrofac Stock Performance

The stock has a 50 day moving average of $0.04 and a 200 day moving average of $0.06.

Petrofac Company Profile

(Get Free Report)

Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).

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