Razor Energy (OTCMKTS:RZREF) Shares Down 5.1%

Razor Energy Corp. (OTCMKTS:RZREF – Get Rating) traded down 5.1% during trading on Friday . The company traded as low as $0.83 and last traded at $0.84. 31,050 shares traded hands during mid-day trading, an increase of 96% from the average session volume of 15,826 shares. The stock had previously closed at $0.88.

Razor Energy Price Performance

The stock’s 50-day moving average is $1.00 and its 200 day moving average is $1.18.

About Razor Energy

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Razor Energy Corp. engages in the acquisition, exploration, development, and production of oil and natural gas properties in Alberta. It operates assets in the Swan Hills area covering 155,520 gross acres of total land and the Kaybob area covering 84,320 gross acres of total land located in the west central Alberta, as well as the District South area covering 78,615 gross acres of total land located in the southern Alberta.