Africa Oil Corp. (OTCMKTS:AOIFF - Get Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.82 and traded as low as $1.78. Africa Oil shares last traded at $1.79, with a volume of 40,797 shares.
Africa Oil Stock Down 3.1 %
The company has a market capitalization of $797.08 million, a price-to-earnings ratio of 5.74 and a beta of 1.04. The stock has a fifty day moving average price of $1.70 and a two-hundred day moving average price of $1.82.
Africa Oil (OTCMKTS:AOIFF - Get Free Report) last released its quarterly earnings results on Monday, February 26th. The energy company reported ($0.20) earnings per share for the quarter.
Africa Oil Announces Dividend
The firm also recently announced a dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 8th were paid a $0.025 dividend. The ex-dividend date was Thursday, March 7th. This represents a yield of 3.18%. Africa Oil's payout ratio is currently 27.78%.
Africa Oil Company Profile
(
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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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