Strategic Oil & Gas (CVE:SOG) Shares Cross Below 200-Day Moving Average – Should You Sell?

Shares of Strategic Oil & Gas Ltd (CVE:SOGGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.02 and traded as low as C$0.02. Strategic Oil & Gas shares last traded at C$0.02, with a volume of 3,800 shares trading hands.

Strategic Oil & Gas Stock Performance

The company has a market cap of C$36.34 million and a PE ratio of -0.01. The company has a current ratio of 0.91, a quick ratio of 0.53 and a debt-to-equity ratio of 903.61. The business’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02.

About Strategic Oil & Gas

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Strategic Oil & Gas Ltd. engages in the exploration and development of petroleum and natural gas reserves in Western Canada and the Western United States. The company holds interests in various oil and natural gas properties located in Amber, Bistcho/Larne, Conrad, Marlowe, and Taber areas in Alberta; Cameron Hills, Northwest Territories; and Maxhamish, Northeast British Columbia. It also has interest in certain lands located in the Greater Green River Basin in southwest Wyoming, the United States.

Further Reading

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