GASFRAC Energy Services (OTCMKTS:GSFVF) Stock Breaks Above 200 Day Moving Average – Here’s What Happened

GASFRAC Energy Services Inc. (OTCMKTS:GSFVF) passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $0.00 and traded as high as $0.0029. GASFRAC Energy Services shares last traded at $0.0010, with a volume of 955,400 shares changing hands.

GASFRAC Energy Services Stock Down 66.7%

About GASFRAC Energy Services

GASFRAC Energy Services Inc was a Canadian oilfield-services company that provided hydraulic fracturing and well-stimulation services to the North American oil and gas industry. The company’s technology was designed to use liquefied petroleum gas (LPG), primarily propane, as an alternative to conventional water-based fracturing fluids.

Its services included LPG fracturing treatments intended to improve hydrocarbon recovery while reducing water use and minimizing the amount of liquid left in a well after treatment.