Viking Energy Group (OTCMKTS:VKIN) Shares Pass Below 200 Day Moving Average – Time to Sell?

Viking Energy Group, Inc. (OTCMKTS:VKIN)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.81 and traded as low as $0.7210. Viking Energy Group shares last traded at $0.8070, with a volume of 699,600 shares trading hands.

Viking Energy Group Price Performance

The company has a 50 day simple moving average of $0.81 and a 200 day simple moving average of $0.81.

About Viking Energy Group

Viking Energy Group, Inc, an exploration and production company, engages in the acquisition and development of oil and natural gas properties in North America. The company operates through two segments, Oil and Gas Production and Power Generation. It manufactures and supplies power generation products, services, and custom energy solutions; clean-tech energy systems, including combined heat and power, tier 4 final diesel, and natural gas industrial engines, solar, wind, and storage; designs and assembles electrical control equipment, such as switch gear, synchronization and paralleling gear, distribution, bi-fuel, and complete power generation production controls; and clean energy and carbon-capture systems to generate clean electricity.