Shares of Bow Energy Ltd., (CVE:ONG – Get Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.20 and traded as low as C$0.20. Bow Energy Ltd., shares last traded at C$0.20, with a volume of 2,500 shares trading hands.
Bow Energy Ltd., Trading Up 11.1%
The company has a 50 day moving average price of C$0.20 and a 200 day moving average price of C$0.20.
Bow Energy Ltd., Company Profile
Bow Energy Ltd., a natural resource company, engages in the acquisition, exploration, development, and production of oil and gas properties in Indonesia. Its principal properties include production sharing contracts, such as Bohorok, Palmerah Baru, Palmerah Deep, Mahato, as well as South Block A and Bohorok Deep properties located in Sumatra, Indonesia. The company was formerly known as ACL International Ltd. and changed its name to Bow Energy Ltd. in February 2017. The company was founded in 1989 and is based in Calgary, Canada.
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