Eco Atlantic Oil & Gas (CVE:EOG) Trading Down 1% – Here’s Why

Eco Atlantic Oil & Gas Ltd (CVE:EOGGet Free Report)’s share price fell 1% during trading on Wednesday . The company traded as low as C$0.95 and last traded at C$0.97. 24,804 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 365,915 shares. The stock had previously closed at C$0.98.

Eco Atlantic Oil & Gas Trading Down 1.0%

The business has a 50-day moving average of C$1.09 and a 200 day moving average of C$0.77. The firm has a market capitalization of C$339.22 million, a P/E ratio of -323.33 and a beta of -0.06.

About Eco Atlantic Oil & Gas

(Get Free Report)

Eco (Atlantic) Oil & Gas Ltd., a development stage company, engages in the identification, acquisition, exploration, and development of petroleum, natural gas, and shale gas properties. The company holds a working interest in the Orinduik block in the Suriname Guyana basin, the Co-Operative Republic of Guyana; a 25% working interest in the Cooper block covering 1,100 kilometers located in Namibia; and interests in four offshore petroleum licenses totaling approximately 25,000 square kilometers located in the Republic of Namibia.

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