Africa Oil Corp. (OTCMKTS:AOIFF – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1.59 and traded as low as $1.30. Africa Oil shares last traded at $1.32, with a volume of 182,555 shares trading hands.
Africa Oil Trading Down 4.2 %
The business has a fifty day moving average price of $1.34 and a two-hundred day moving average price of $1.59. The firm has a market capitalization of $586.56 million, a PE ratio of -14.71 and a beta of 1.00.
Africa Oil Announces Dividend
The company also recently announced a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 9th were paid a dividend of $0.025 per share. The ex-dividend date was Monday, September 9th. Africa Oil’s payout ratio is -55.56%.
Africa Oil Company Profile
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria, and development assets in Kenya. It also has a portfolio of exploration and appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and Senegal Guinea Bissau Joint Development Zone.
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