PetroTal Corp. (OTCMKTS:PTALF – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of $0.37 and traded as low as $0.3570. PetroTal shares last traded at $0.3621, with a volume of 114,370 shares trading hands.
PetroTal Stock Performance
The company’s 50-day simple moving average is $0.40 and its 200 day simple moving average is $0.37.
PetroTal Company Profile
PetroTal Corp. is an oil and gas company focused on the exploration, development and production of crude oil in Peru. Its principal producing asset is the Bretana field in Block 95, in the Loreto region of the Peruvian Amazon.
The company’s operations center on developing the Bretana field and producing oil for sale. PetroTal was established in 2017 and has built its business around its Peruvian assets.
PetroTal is led by President and Chief Executive Officer Manuel Pablo Zuniga-Pflucker.
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