Dno Asa (OTCMKTS:DTNOF) Shares Down 21.6% – Time to Sell?

Dno Asa (OTCMKTS:DTNOFGet Free Report) was down 21.6% on Tuesday . The stock traded as low as $0.93 and last traded at $0.93. Approximately 4,000 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 15,967 shares. The stock had previously closed at $1.19.

Dno Asa Stock Performance

The business has a 50 day simple moving average of $1.11 and a 200-day simple moving average of $1.06.

Dno Asa Company Profile

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DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. The company holds 75% operating interests in the Tawke and Peshkabir fields, and 64% operating interests in the e Baeshiqa license located in the Kurdistan region of Iraq; has production licenses across 10 fields Norway and two fields in the United Kingdom; and operating interests in the producing Block CI-27, as well as operates the exploration Block CI-12 in West Africa.

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