Meren Energy (OTCMKTS:AOIFF) Stock Crosses Below 200 Day Moving Average – Should You Sell?

Posted by Amy Steele on Nov 8th, 2025

Meren Energy Inc. (OTCMKTS:AOIFF – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $1.29 and traded as low as $1.2710. Meren Energy shares last traded at $1.2955, with a volume of 97,829 shares changing hands.

Meren Energy Price Performance

The firm has a market capitalization of $866.68 million, a P/E ratio of -2.47 and a beta of 0.53. The stock’s 50 day simple moving average is $1.29 and its 200 day simple moving average is $1.29. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.05 and a current ratio of 1.25.

Meren Energy Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 5th. Shareholders of record on Thursday, August 21st were issued a dividend of $0.0371 per share. This represents a yield of 1,200.0%. The ex-dividend date was Wednesday, August 20th. This is an increase from Meren Energy’s previous dividend of $0.03. Meren Energy’s dividend payout ratio (DPR) is -26.92%.

About Meren Energy

(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.