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Orca Exploration Group (CVE:ORC.B) Share Price Passes Below 200 Day Moving Average - Should You Sell?

Orca Exploration Group logo with Energy background

Shares of Orca Exploration Group Inc (CVE:ORC.B - Get Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$2.99 and traded as low as C$2.97. Orca Exploration Group shares last traded at C$2.97, with a volume of 1,811 shares.

Orca Exploration Group Price Performance

The company's fifty day moving average is C$3.02 and its 200 day moving average is C$2.99. The company has a quick ratio of 1.80, a current ratio of 2.16 and a debt-to-equity ratio of 40.57. The stock has a market cap of C$53.88 million, a PE ratio of 14.95 and a beta of 0.26.

Orca Exploration Group Company Profile

(Get Free Report)

Orca Exploration Group Inc explores for, develops, produces, and sells petroleum and natural gas to the power and industrial sectors in Tanzania. The company principally holds interests in the Songo Songo natural gas field that includes two blocks covering an area of approximately 41,630 acres located to the south of Dar Es Salaam.

Further Reading

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