Afentra (OTCMKTS:STGAF) Shares Down 2.9% – Here’s Why

Shares of Afentra plc (OTCMKTS:STGAF – Get Free Report) fell 2.9% during trading on Tuesday. The company traded as low as $0.91 and last traded at $0.91. Approximately 17,000 shares changed hands during trading, an increase of 102% from the average session volume of 8,402 shares. The stock had previously closed at $0.9368.

Afentra Price Performance

The company’s fifty day moving average is $0.99 and its 200 day moving average is $0.89.

About Afentra

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Afentra plc is an independent oil and gas company focused on acquiring, developing and producing hydrocarbons in Africa. The company targets producing and near-production assets where it believes operational improvements, further investment and responsible stewardship can support long-term value creation.

Afentra’s portfolio is centered on offshore Angola, including interests in the Block 3/05 and Block 3/05A areas. These assets contain established oil production and additional development opportunities.

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