Orca Exploration Group (CVE:ORC.B) Stock Price Passes Above 50 Day Moving Average - Should You Sell?

Orca Exploration Group Inc (CVE:ORC.B - Get Free Report)'s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$3.06 and traded as high as C$3.31. Orca Exploration Group shares last traded at C$3.31, with a volume of 2,321 shares.

Orca Exploration Group Stock Up 1.8%

The firm has a fifty day moving average price of C$3.06 and a 200-day moving average price of C$3.03. 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 firm has a market cap of C$59.65 million, a price-to-earnings ratio of 16.55 and a beta of 0.26.

Orca Exploration Group Company Profile

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.

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