PTT Exploration and Production Public (OTCMKTS:PEXNY) Shares Cross Above 50 Day Moving Average – Here’s What Happened

PTT Exploration and Production Public Company Limited (OTCMKTS:PEXNY) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $6.20 and traded as high as $7.97. PTT Exploration and Production Public shares last traded at $7.26, with a volume of 1,787 shares.

PTT Exploration and Production Public Stock Performance

The firm’s 50-day moving average is $6.20 and its 200 day moving average is $7.58.

PTT Exploration and Production Public Company Profile

PTT Exploration and Production Public Company Limited (OTCMKTS:PEXNY), commonly referred to as PTTEP, is a Thailand‐based upstream exploration and production company specializing in the development, extraction and sale of crude oil, natural gas and condensate. As a wholly owned subsidiary of PTT Public Company Limited, PTTEP is tasked with securing long‐term energy resources to support both domestic demand and international markets. The company’s core activities encompass seismic surveys, drilling operations, reservoir management and production facilities engineering.

PTTEP maintains a diversified portfolio of hydrocarbon assets across Asia Pacific, the Middle East, Africa and the Americas.