Origin Energy Limited (OTCMKTS:OGFGY – Get Free Report) crossed below its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $8.09 and traded as low as $7.6050. Origin Energy shares last traded at $7.67, with a volume of 2,865 shares trading hands.
Origin Energy Stock Performance
The firm’s 50 day moving average is $8.10 and its 200 day moving average is $8.11.
Origin Energy Company Profile
Origin Energy Limited is an Australian integrated energy company involved in electricity generation, energy retailing and gas supply. Through its retail operations, the company has supplied electricity and natural gas to residential, business and industrial customers, primarily in Australia, and has also offered related energy services and solutions.
Origin’s generation portfolio has included gas-fired, coal-fired, hydroelectric and renewable energy assets, as well as battery and other energy-storage initiatives.
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