Shares of Origin Energy Limited (OTCMKTS:OGFGY – Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $8.41 and traded as low as $7.40. Origin Energy shares last traded at $7.7350, with a volume of 9,726 shares.
Origin Energy Price Performance
The business’s 50-day simple moving average is $8.41 and its 200-day simple moving average is $8.06.
Origin Energy Company Profile
Origin Energy is an Australian integrated energy company with operations spanning natural gas exploration and production, electricity generation and retail energy sales. Headquartered in Sydney, the company develops and produces gas from onshore and offshore fields in Australia, including its stake in the Australia Pacific LNG joint venture. On the generation side, Origin’s portfolio comprises gas-fired power stations as well as investments in renewable energy projects such as wind farms, solar installations and battery storage facilities.
In its retail business, Origin supplies electricity, natural gas and solar products to residential and commercial customers across all Australian states and territories.
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