Strategic Oil & Gas (CVE:SOG) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Strategic Oil & Gas Ltd (CVE:SOG) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.02 and traded as high as C$0.02. Strategic Oil & Gas shares last traded at C$0.02, with a volume of 3,800 shares trading hands.

Strategic Oil & Gas Stock Performance

The company has a debt-to-equity ratio of 903.61, a quick ratio of 0.53 and a current ratio of 0.91. The company has a market cap of C$36.34 million and a P/E ratio of -0.01. The firm has a 50 day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

Strategic Oil & Gas Company Profile

Strategic Oil & Gas Ltd. engages in the exploration and development of petroleum and natural gas reserves in Western Canada and the Western United States. The company holds interests in various oil and natural gas properties located in Amber, Bistcho/Larne, Conrad, Marlowe, and Taber areas in Alberta; Cameron Hills, Northwest Territories; and Maxhamish, Northeast British Columbia. It also has interest in certain lands located in the Greater Green River Basin in southwest Wyoming, the United States.