HELLENiQ ENERGY (OTCMKTS:HLPMF) Shares Up 6.3% – Still a Buy?

HELLENiQ ENERGY Holdings S.A. (OTCMKTS:HLPMFGet Free Report)’s stock price was up 6.3% during trading on Thursday . The stock traded as high as $12.75 and last traded at $12.75. Approximately 274 shares were traded during mid-day trading, a decline of 23% from the average daily volume of 357 shares. The stock had previously closed at $12.00.

HELLENiQ ENERGY Price Performance

The firm’s fifty day simple moving average is $11.44 and its 200 day simple moving average is $10.42.

HELLENiQ ENERGY Company Profile

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HELLENiQ ENERGY Public Limited Company, formerly known as Hellenic Petroleum, is a leading integrated energy group in Southeast Europe. The company’s core activities span crude oil refining, supply, trading, petrochemicals and energy production. With operations rooted in Greece, HELLENiQ ENERGY serves both domestic and regional markets through a network of refineries, import terminals and marketing subsidiaries.

The refining segment comprises three major facilities located in Elefsina, Thessaloniki and Aspropyrgos, which together process crude oil into a wide range of petroleum products, including gasoline, diesel, jet fuel and bitumen.

Further Reading

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