GASFRAC Energy Services (OTCMKTS:GSFVF) Stock Crosses Above 200 Day Moving Average – Here’s Why

Shares of GASFRAC Energy Services Inc. (OTCMKTS:GSFVF) passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 trading hands.

GASFRAC Energy Services Price Performance

About GASFRAC Energy Services

GASFRAC Energy Services is an oilfield services provider specializing in innovative hydraulic fracturing technologies. The company’s proprietary waterless fracturing process uses a gelled propane system that replaces conventional water-based fracs, reducing water usage and minimizing environmental impact. By leveraging a dry, gelled solvent, the technology helps maintain fracture conductivity and simplifies post-fracturing clean-up operations for oil and natural gas producers.

Headquartered in Calgary, Alberta, GASFRAC operates primarily in key North American resource plays, including Western Canada’s Montney and Duvernay formations and prominent U.S.