Lundin Energy AB (publ) (OTCMKTS:LNEGY) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Shares of Lundin Energy AB (publ) (OTCMKTS:LNEGY) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $42.50 and traded as low as $42.50. Lundin Energy AB (publ) shares last traded at $42.50, with a volume of 100 shares.

Lundin Energy AB (publ) Stock Up 2.3 %

The business has a 50 day moving average of $42.50 and a two-hundred day moving average of $42.50.

Lundin Energy AB (publ) Company Profile

Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2021, it had proved plus probable oil and gas reserves of 639.1 million barrels of oil equivalent (MMboe); and proved plus probable plus possible oil and gas reserves of 799.4 MMboe.