Aker BP ASA (OTCMKTS:DETNF) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Aker BP ASA (OTCMKTS:DETNFGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $26.95 and traded as high as $29.30. Aker BP ASA shares last traded at $29.30, with a volume of 615 shares trading hands.

Aker BP ASA Stock Performance

The stock’s 50 day simple moving average is $26.95 and its two-hundred day simple moving average is $25.84.

About Aker BP ASA

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Aker BP ASA is a Norway-based independent oil and gas exploration and production company focused on the Norwegian Continental Shelf. The company holds interests in a diversified portfolio of offshore fields, covering exploration, development and production activities. Aker BP applies advanced technologies and collaborative project execution to optimize recovery from both mature and newly developed reserves.

The company’s core business encompasses seismic acquisition and interpretation, well planning and drilling, reservoir management and surface facility operations.

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