Sundance Energy Australia (OTCMKTS:SDCJF) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Sundance Energy Australia Ltd (OTCMKTS:SDCJFGet Free Report)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.15 and traded as high as $0.15. Sundance Energy Australia shares last traded at $0.15, with a volume of 1,200 shares traded.

Sundance Energy Australia Price Performance

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

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.

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