Energean (OTCMKTS:EERGF) Stock Price Down 5.5% – What’s Next?

Energean plc (OTCMKTS:EERGFGet Free Report) shares dropped 5.5% during trading on Tuesday . The company traded as low as $12.05 and last traded at $12.05. Approximately 800 shares traded hands during mid-day trading, a decline of 33% from the average daily volume of 1,202 shares. The stock had previously closed at $12.75.

Energean Stock Performance

The company has a 50 day moving average of $12.32 and a 200 day moving average of $12.21.

Energean Company Profile

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Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.

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