Gear Energy (OTCMKTS:GENGF) Shares Down 3.2% – Time to Sell?

Gear Energy Ltd. (OTCMKTS:GENGFGet Free Report) traded down 3.2% during trading on Tuesday . The stock traded as low as $0.3301 and last traded at $0.3330. 135,555 shares were traded during mid-day trading, an increase of 6% from the average session volume of 128,194 shares. The stock had previously closed at $0.3441.

Gear Energy Stock Performance

The stock has a 50 day moving average of $0.33 and a 200-day moving average of $0.33.

About Gear Energy

(Get Free Report)

Gear Energy Ltd. is a Calgary-based oil and gas exploration and production company listed on the OTC Markets under the ticker GENGF. The company focuses on the identification, development and optimization of low-decline oil and natural gas reserves in Western Canada. Gear Energy employs a disciplined capital allocation strategy to maintain a strong balance sheet while pursuing value-driven drilling and acquisition opportunities within its core operating areas.

Gear Energy’s asset portfolio is concentrated in the Alberta Deep Basin, where it holds working interests in both conventional natural gas plays and light oil formations.

Recommended Stories

Receive News & Ratings for Gear Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gear Energy and related companies with MarketBeat.com's FREE daily email newsletter.