Sundance Energy Australia (OTCMKTS:SDCJF) Share Price Crosses Below Fifty Day Moving Average – What’s Next?

Sundance Energy Australia Ltd (OTCMKTS:SDCJFGet Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.15 and traded as low as $0.03. Sundance Energy Australia shares last traded at $0.15, with a volume of 1,200 shares changing hands.

Sundance Energy Australia Stock Performance

The company has a 50-day simple moving average of $0.15 and a 200-day simple moving average of $0.15. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.72 and a current ratio of 0.72.

About Sundance Energy Australia

(Get Free Report)

Sundance Energy Australia Limited is an independent upstream oil and gas company domiciled in Australia, with exploration and production assets in the Sultanate of Oman. The company focuses on the acquisition, development and optimization of onshore petroleum concessions, applying modern reservoir management techniques and field development planning to enhance production performance.

Through its wholly-owned subsidiary, Sundance Energy (Oman) Limited, the company holds working interests in several onshore production-sharing contracts, including Blocks 4, 5 and 8.

Featured Stories

Receive News & Ratings for Sundance Energy Australia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sundance Energy Australia and related companies with MarketBeat.com's FREE daily email newsletter.