Strategic Oil & Gas (CVE:SOG) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Strategic Oil & Gas Ltd (CVE:SOG)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.02 and traded as high as C$0.02. Strategic Oil & Gas shares last traded at C$0.02, with a volume of 3,800 shares trading hands.

Strategic Oil & Gas Stock Performance

The company has a current ratio of 0.91, a quick ratio of 0.53 and a debt-to-equity ratio of 903.61. The firm’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.02. The company has a market cap of C$36.34 million and a PE ratio of -0.01.

Strategic Oil & Gas Company Profile

Strategic Oil & Gas Ltd. engages in the exploration and development of petroleum and natural gas reserves in Western Canada and the Western United States. The company holds interests in various oil and natural gas properties located in Amber, Bistcho/Larne, Conrad, Marlowe, and Taber areas in Alberta; Cameron Hills, Northwest Territories; and Maxhamish, Northeast British Columbia. It also has interest in certain lands located in the Greater Green River Basin in southwest Wyoming, the United States.