Sundance Energy Australia Ltd (OTCMKTS:SDCJF – Get Free Report)’s share price passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $0.15 and traded as high as $0.15. Sundance Energy Australia shares last traded at $0.15, with a volume of 1,200 shares changing hands.
Sundance Energy Australia Stock Performance
The company’s fifty day moving average is $0.15 and its 200 day moving average is $0.15. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.95.
About Sundance Energy Australia
Sundance Energy Australia Limited was an oil and gas exploration and production company focused primarily on developing onshore energy assets in the United States. Its activities included acquiring, drilling, completing and producing crude oil and natural gas properties.
The company’s operations were concentrated in U.S. shale and other unconventional resource plays, including properties in South Texas and the Eagle Ford Basin. Its portfolio historically consisted of producing wells as well as undeveloped acreage with potential for additional drilling and development.
Sundance Energy was established as an Australian-listed energy company but directed much of its operating activity toward the U.S.
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