Strategic Oil & Gas (CVE:SOG) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Strategic Oil & Gas Ltd (CVE:SOG) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.02 and traded as high as C$0.02. Strategic Oil & Gas shares last traded at C$0.02, with a volume of 3,800 shares traded.

Strategic Oil & Gas Price Performance

The firm has a market capitalization of C$36.34 million and a P/E ratio of -0.01. The business’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.02. The company has a current ratio of 0.91, a quick ratio of 0.53 and a debt-to-equity ratio of 903.61.

Strategic Oil & Gas Company Profile

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.