PTT Exploration and Production Public (OTCMKTS:PEXNY) Shares Break Above Fifty Day Moving Average – Here’s What Happened

Shares of PTT Exploration and Production Public Company Limited (OTCMKTS:PEXNY – Get Free Report) passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $8.73 and traded as high as $8.97. PTT Exploration and Production Public shares last traded at $8.97, with a volume of 386 shares trading hands.

PTT Exploration and Production Public Stock Performance

The business’s 50 day simple moving average is $8.73 and its 200 day simple moving average is $8.52.

About PTT Exploration and Production Public

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PTT Exploration and Production Public Company Limited (PTTEP) is a Thailand-based upstream energy company focused on the exploration, development and production of petroleum and natural gas. The company supplies hydrocarbons for domestic and international energy markets and supports related activities across the upstream oil and gas value chain.

PTTEP was established in 1985 as a subsidiary of PTT Public Company Limited and has grown into one of Thailand’s principal petroleum exploration and production companies.

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