Petrofac (OTCMKTS:POFCY) Stock Crosses Below 50 Day Moving Average – Should You Sell?

Shares of Petrofac Limited (OTCMKTS:POFCYGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.06 and traded as low as $0.06. Petrofac shares last traded at $0.06, with a volume of 185,354 shares traded.

Petrofac Stock Up 1.7 %

The firm has a 50 day moving average of $0.06 and a 200 day moving average of $0.08.

About Petrofac

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Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).

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