Afentra (OTCMKTS:STGAF) Stock Price Down 12.5% – Should You Sell?

Afentra plc (OTCMKTS:STGAF – Get Free Report)’s share price dropped 12.5% on Monday. The stock traded as low as $0.9446 and last traded at $0.9446. Approximately 800 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 8,216 shares. The stock had previously closed at $1.08.

Afentra Stock Performance

The firm has a 50 day moving average price of $0.98 and a 200-day moving average price of $0.97.

About Afentra

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Afentra plc is an independent oil and gas company focused on acquiring, developing and operating upstream assets in Africa. The company’s activities center on the exploration, production and management of crude oil and natural gas resources, with an emphasis on mature assets that may offer opportunities for operational improvement and extended field life.

Afentra’s principal area of activity is Angola, where it holds interests in offshore oil assets, including interests in the country’s Block 3/05 and Block 3/05A.

Further Reading

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