Aveda Transportation and Energy Services (CVE:AVE) Stock Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Aveda Transportation and Energy Services Inc. (CVE:AVE) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.04 and traded as low as C$1.03. Aveda Transportation and Energy Services shares last traded at C$1.04, with a volume of 45,086 shares changing hands.

Aveda Transportation and Energy Services Price Performance

The stock’s 50 day moving average is C$1.04 and its two-hundred day moving average is C$1.04.

Aveda Transportation and Energy Services Company Profile

Aveda Transportation and Energy Services Inc provides specialized transportation services and equipment required for the exploration, development, and production of petroleum resources in Western Canada and the United States. Its services include rig moving, heavy hauling, and hot shot, as well as oilfield services. The company is also involved in the rental of tanks, mats, pickers, light towers, well-site shacks, and other equipment associated with oilfield operations. It has primary operations in Calgary, Leduc, and Edson, Alberta; Marshall, Pleasanton, Pecos, and Midland, Texas; Williamsport, Pennsylvania; Williston, North Dakota; Oklahoma City, Oklahoma; and Casper, Wyoming.