Africa Oil Corp. (OTCMKTS:AOIFF - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.35 and traded as low as $1.30. Africa Oil shares last traded at $1.30, with a volume of 72,020 shares.
Africa Oil Price Performance
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 stock has a 50 day moving average of $1.31 and a two-hundred day moving average of $1.35. The stock has a market cap of $878.07 million, a PE ratio of -1.55 and a beta of 0.60.
Africa Oil (OTCMKTS:AOIFF - Get Free Report) last released its earnings results on Wednesday, May 14th. The energy company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01. The business had revenue of $74.09 million for the quarter, compared to analysts' expectations of $10.00 million. Equities analysts anticipate that Africa Oil Corp. will post 0.18 EPS for the current year.
Africa Oil Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, March 27th were paid a dividend of $0.0371 per share. The ex-dividend date of this dividend was Thursday, March 27th. This represents a $0.15 annualized dividend and a yield of 11.42%. Africa Oil's dividend payout ratio (DPR) is presently -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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