Lundin Energy AB (publ) (OTCMKTS:LNEGY) Shares Cross Below 50 Day Moving Average of $42.50

Shares of Lundin Energy AB (publ) (OTCMKTS:LNEGYGet Rating) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $42.50 and traded as low as $42.50. Lundin Energy AB (publ) shares last traded at $42.50, with a volume of 100 shares trading hands.

Lundin Energy AB (publ) Price Performance

The company’s 50 day moving average is $42.50 and its 200 day moving average is $42.50.

Lundin Energy AB (publ) Company Profile

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Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2021, it had proved plus probable oil and gas reserves of 639.1 million barrels of oil equivalent (MMboe); and proved plus probable plus possible oil and gas reserves of 799.4 MMboe.

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