PTT Exploration and Production Public (OTCMKTS:PEXNY) Stock Falls 4.5% – Here’s Why

PTT Exploration and Production Public Company Limited (OTCMKTS:PEXNY – Get Free Report) dropped 4.5% during trading on Thursday. The company traded as low as $8.80 and last traded at $8.80. Approximately 132 shares traded hands during trading, a decline of 78% from the average session volume of 613 shares. The stock had previously closed at $9.2150.

PTT Exploration and Production Public Trading Down 4.5%

The company’s fifty day simple moving average is $8.53 and its two-hundred day simple moving average is $8.26.

About PTT Exploration and Production Public

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PTT Exploration and Production Public Company Limited (PTTEP) is a Thailand-based upstream energy company engaged in the exploration, development and production of petroleum resources. The company is a subsidiary of PTT Public Company Limited and focuses primarily on finding and producing crude oil, condensate and natural gas for domestic and international energy markets.

PTTEP operates through oil and gas projects in Thailand and selected overseas markets, with activities spanning exploration, field development, production operations and related petroleum projects.

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