Aker BP ASA (OTCMKTS:DETNF) Stock Price Passes Above 50 Day Moving Average – What’s Next?

Aker BP ASA (OTCMKTS:DETNF)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $25.53 and traded as high as $28.00. Aker BP ASA shares last traded at $28.00, with a volume of 1,086 shares traded.

Aker BP ASA Price Performance

The company has a 50 day moving average of $25.53 and a 200 day moving average of $25.30.

Aker BP ASA Company Profile

Aker BP ASA is a Norway-based independent oil and gas exploration and production company focused on the Norwegian Continental Shelf. The company holds interests in a diversified portfolio of offshore fields, covering exploration, development and production activities. Aker BP applies advanced technologies and collaborative project execution to optimize recovery from both mature and newly developed reserves.

The company’s core business encompasses seismic acquisition and interpretation, well planning and drilling, reservoir management and surface facility operations.