Africa Oil Corp. (OTCMKTS:AOIFF - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.35 and traded as low as $1.33. Africa Oil shares last traded at $1.34, with a volume of 81,377 shares traded.
Africa Oil Trading Down 2.3%
The company has a debt-to-equity ratio of 0.01, a quick ratio of 8.99 and a current ratio of 8.99. The firm's fifty day simple moving average is $1.32 and its 200-day simple moving average is $1.35. The stock has a market cap of $878.07 million, a P/E ratio of -1.55 and a beta of 0.60.
Africa Oil (OTCMKTS:AOIFF - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The energy company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.01. The firm had revenue of $74.09 million for the quarter, compared to the consensus estimate of $10.00 million. Equities research analysts expect that Africa Oil Corp. will post 0.18 EPS for the current fiscal year.
Africa Oil Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Stockholders of record on Thursday, March 27th were given a dividend of $0.0371 per share. This represents a $0.15 annualized dividend and a dividend yield of 11.42%. The ex-dividend date was Thursday, March 27th. Africa Oil's dividend payout ratio (DPR) is -26.92%.
About Africa Oil
(
Get Free Report)
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria, and development assets in Kenya. It also has a portfolio of exploration and appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and Senegal Guinea Bissau Joint Development Zone.
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