Eco (Atlantic) Oil & Gas (OTCMKTS:ECAOF) Shares Up 4.2% – Time to Buy?

Shares of Eco (Atlantic) Oil & Gas Ltd. (OTCMKTS:ECAOF – Get Free Report) rose 4.2% on Thursday. The stock traded as high as $0.5834 and last traded at $0.5834. Approximately 5,930 shares traded hands during trading, a decline of 83% from the average daily volume of 34,163 shares. The stock had previously closed at $0.56.

Eco (Atlantic) Oil & Gas Trading Up 0.3%

The stock has a fifty day moving average price of $0.57 and a two-hundred day moving average price of $0.65.

Eco (Atlantic) Oil & Gas Company Profile

(Get Free Report)

Eco (Atlantic) Oil & Gas Ltd. is an oil and gas exploration company focused on identifying and developing offshore petroleum opportunities along the Atlantic margins. The company’s activities center on acquiring exploration licences, conducting geological and geophysical studies, and working with industry partners to evaluate prospective oil and natural gas resources.

Eco Atlantic has held interests in offshore licence areas in Guyana, Namibia and South Africa. Its portfolio has included the Orinduik Block offshore Guyana, acreage in Namibia’s prospective Walvis Basin, and interests in the offshore South African region.

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