MEG Energy Corp. (OTCMKTS:MEGEF – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $22.54 and traded as high as $22.55. MEG Energy shares last traded at $22.45, with a volume of 31,521 shares changing hands.
MEG Energy Trading Up 0.4 %
The stock has a fifty day moving average price of $22.59 and a two-hundred day moving average price of $19.96.
MEG Energy Company Profile
MEG Energy Corp., an energy company, focuses on sustainable in situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil, as well as lower carbon emissions.
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