Shares of Dno Asa (OTCMKTS:DTNOF – Get Free Report) shot up 6% during mid-day trading on Thursday . The company traded as high as $1.8650 and last traded at $1.8650. Approximately 1,000 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 7,729 shares. The stock had previously closed at $1.76.
Dno Asa Price Performance
The firm has a 50 day moving average price of $1.89 and a 200-day moving average price of $1.86.
About Dno Asa
DNO ASA is an independent upstream oil and gas company headquartered in Oslo, Norway. Established in 1971, the company focuses on the exploration, development and production of hydrocarbon resources in key international markets. DNO’s strategy centers on high-margin, long-life oil fields and value accretion from early-stage exploration successes.
The company’s core assets are concentrated in the Middle East, notably in the Kurdistan Region of Iraq, where it operates the Tawke and Peshkabir fields under long-term production sharing contracts.
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