Santos (OTCMKTS:STOSF) Shares Cross Below 200 Day Moving Average – Here’s Why

Shares of Santos Limited (OTCMKTS:STOSFGet Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.75 and traded as low as $4.00. Santos shares last traded at $4.00, with a volume of 730 shares changing hands.

Santos Price Performance

The business has a 50-day moving average price of $4.45 and a 200 day moving average price of $4.75.

About Santos

(Get Free Report)

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.

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