Sundance Energy Australia (OTCMKTS:SDCJF) Stock Price Passes Above 50 Day Moving Average – Here’s What Happened

Shares of Sundance Energy Australia Ltd (OTCMKTS:SDCJFGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-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 company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.95. The business has a 50 day simple moving average of $0.15 and a 200 day simple moving average of $0.15.

About Sundance Energy Australia

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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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