Prio (OTCMKTS:PTRRY) Trading 5.6% Higher – What’s Next?

Prio S.A. (OTCMKTS:PTRRYGet Free Report) shot up 5.6% during trading on Friday . The stock traded as high as C$10.33 and last traded at C$10.33. 26,952 shares changed hands during trading, a decline of 46% from the average session volume of 49,905 shares. The stock had previously closed at C$9.78.

Prio Price Performance

The business has a fifty day moving average of C$8.30 and a 200-day moving average of C$7.62.

Prio Company Profile

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Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro. The company also holds interest in the Manati Field that comprises approximately 76 square kilometres located in the Camumu Basin, on the coast of the State of Bahia.

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