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Cardinal Energy Group (OTCMKTS:CEGX) Reaches New 52-Week High - Should You Buy?

Cardinal Energy Group logo with Energy background

Cardinal Energy Group Inc (OTCMKTS:CEGX - Get Free Report)'s share price hit a new 52-week high on Friday . The stock traded as high as $24.80 and last traded at $24.80, with a volume of 384 shares trading hands.

Cardinal Energy Group Price Performance

The company's 50-day simple moving average is $0.53 and its 200-day simple moving average is $0.18.

Cardinal Energy Group Company Profile

(Get Free Report)

Cardinal Energy Group, Inc engages in the exploration, development, exploitation, and production of oil and natural gas in the United States. It owns various working interests in oil and gas leases located in Texas. The company sells its oil and gas products to domestic purchasers of oil and gas production.

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