Dno Asa (OTCMKTS:DTNOF – Get Free Report) was down 6% during trading on Thursday . The company traded as low as $1.57 and last traded at $1.57. Approximately 3,200 shares traded hands during trading, a decline of 51% from the average daily volume of 6,537 shares. The stock had previously closed at $1.67.
Dno Asa Price Performance
The firm’s 50-day moving average is $1.48 and its two-hundred day moving average is $1.41.
About Dno Asa
DNO ASA is an independent upstream oil and gas company headquartered in Oslo, Norway. Established in 1971, the company focuses on the exploration, development and production of hydrocarbon resources in key international markets. DNO’s strategy centers on high-margin, long-life oil fields and value accretion from early-stage exploration successes.
The company’s core assets are concentrated in the Middle East, notably in the Kurdistan Region of Iraq, where it operates the Tawke and Peshkabir fields under long-term production sharing contracts.
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