Whitecap Resources Inc. (OTCMKTS:SPGYF – Get Free Report) shares crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $7.46 and traded as low as $7.31. Whitecap Resources shares last traded at $7.37, with a volume of 65,948 shares changing hands.
Whitecap Resources Trading Down 1.8 %
The firm’s 50-day moving average price is $7.46 and its 200-day moving average price is $7.43.
Whitecap Resources Cuts Dividend
The business also recently declared a dividend, which will be paid on Monday, September 16th. Shareholders of record on Monday, September 2nd will be issued a $0.0444 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a yield of 7.1%. Whitecap Resources’s dividend payout ratio is currently 47.33%.
Whitecap Resources Company Profile
Whitecap Resources Inc, an oil and gas company, focuses on the acquisition, development, and production of oil and gas assets in Western Canada. The company's primary areas of focus of its development programs are in Northern Alberta and British Columbia, Central Alberta, and Saskatchewan. The company was founded in 2009 and is headquartered in Calgary, Canada.
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