Aveda Transportation and Energy Services (CVE:AVE) Share Price Passes Below 200-Day Moving Average – Here’s Why

Aveda Transportation and Energy Services Inc. (CVE:AVE)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.04 and traded as low as C$1.03. Aveda Transportation and Energy Services shares last traded at C$1.04, with a volume of 45,086 shares.

Aveda Transportation and Energy Services Stock Up 1.0%

The stock’s fifty day moving average price is C$1.04 and its 200-day moving average price is C$1.04.

Aveda Transportation and Energy Services Company Profile

Aveda Transportation and Energy Services Inc provides specialized transportation services and equipment required for the exploration, development, and production of petroleum resources in Western Canada and the United States. Its services include rig moving, heavy hauling, and hot shot, as well as oilfield services. The company is also involved in the rental of tanks, mats, pickers, light towers, well-site shacks, and other equipment associated with oilfield operations. It has primary operations in Calgary, Leduc, and Edson, Alberta; Marshall, Pleasanton, Pecos, and Midland, Texas; Williamsport, Pennsylvania; Williston, North Dakota; Oklahoma City, Oklahoma; and Casper, Wyoming.