Frontera Energy (OTCMKTS:FECCF) Shares Down 1.1% – Should You Sell?

Frontera Energy Co. (OTCMKTS:FECCF) shares fell 1.1% during trading on Wednesday . The stock traded as low as $4.44 and last traded at $4.44. 5,586 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 23,217 shares. The stock had previously closed at $4.49.

Frontera Energy Stock Down 1.1%

The firm’s fifty day moving average is $3.79 and its 200 day moving average is $4.91.

Frontera Energy Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, April 16th. Investors of record on Thursday, April 3rd were issued a $0.0435 dividend. The ex-dividend date of this dividend was Wednesday, April 2nd. This represents a yield of 3.7%.

Frontera Energy Company Profile

Frontera Energy Corporation engages in the exploration, development, production, transportation, storage, and sale of crude oil and natural gas in South America. The company has a portfolio of assets, which consists of interests in 24 exploration and production blocks in Colombia, Ecuador, and Guyana; and in pipeline and port facilities in Colombia.