Karoon Energy Ltd (OTCMKTS:KRNGF – Get Free Report) shares were up 18% during trading on Tuesday . The company traded as high as $1.18 and last traded at $1.18. Approximately 1,500 shares traded hands during trading, a decline of 66% from the average daily volume of 4,415 shares. The stock had previously closed at $1.00.
Karoon Energy Trading Up 18.0%
The stock has a 50-day moving average price of $0.91 and a 200 day moving average price of $0.91.
Karoon Energy Company Profile
Karoon Energy Ltd operates as an oil and gas exploration and production company in Brazil, the United States, and Australia. It holds 100% interest in the Santos Basin located in the Sáo Paulo, Brazil. The company was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018.
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