Mayan Energy (LON:MYN) Share Price Crosses Below 50 Day Moving Average – Should You Sell?

Mayan Energy Ltd (LON:MYNGet Free Report)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 0.14 ($0.00) and traded as low as GBX 0.13 ($0.00). Mayan Energy shares last traded at GBX 0.14 ($0.00), with a volume of 16,096,226 shares changing hands.

Mayan Energy Stock Performance

The firm has a market capitalization of £5.28 million and a P/E ratio of -0.23. The business’s fifty day moving average price is GBX 0.14 and its two-hundred day moving average price is GBX 0.14.

Mayan Energy Company Profile

(Get Free Report)

Mayan Energy Limited engages in the development, production, and sale of hydrocarbons and related activities in the United States. The company holds interests in Forest Hills project situated in Wood County, Texas; Stockdale oil fields located in Wilson County, Texas; Zink Ranch and Mathis leases situated in Osage County, Oklahoma; and Shoats Creek field located in Louisiana.

Further Reading

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