PTT Exploration and Production Public (OTCMKTS:PEXNY) Shares Pass Above 50-Day Moving Average – Here’s What Happened

Shares of PTT Exploration and Production Public Company Limited (OTCMKTS:PEXNYGet Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.71 and traded as high as $7.40. PTT Exploration and Production Public shares last traded at $7.40, with a volume of 711 shares traded.

PTT Exploration and Production Public Price Performance

The business has a 50 day simple moving average of $6.71 and a 200 day simple moving average of $8.20.

About PTT Exploration and Production Public

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PTT Exploration and Production Public Company Limited (OTCMKTS:PEXNY), commonly referred to as PTTEP, is a Thailand‐based upstream exploration and production company specializing in the development, extraction and sale of crude oil, natural gas and condensate. As a wholly owned subsidiary of PTT Public Company Limited, PTTEP is tasked with securing long‐term energy resources to support both domestic demand and international markets. The company’s core activities encompass seismic surveys, drilling operations, reservoir management and production facilities engineering.

PTTEP maintains a diversified portfolio of hydrocarbon assets across Asia Pacific, the Middle East, Africa and the Americas.

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