Gulf Keystone Petroleum (OTCMKTS:GUKYF) Shares Up 3.3% – Time to Buy?

Gulf Keystone Petroleum Limited (OTCMKTS:GUKYFGet Free Report)’s stock price was up 3.3% on Thursday . The company traded as high as $2.50 and last traded at $2.50. Approximately 500 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 11,479 shares. The stock had previously closed at $2.42.

Gulf Keystone Petroleum Trading Up 3.3%

The stock’s 50 day moving average is $2.39 and its 200 day moving average is $2.43.

About Gulf Keystone Petroleum

(Get Free Report)

Gulf Keystone Petroleum is an independent oil and gas exploration and production company with a primary focus on the Kurdistan Region of Iraq. Founded in the early 2000s and headquartered in Jersey, the company is listed on the London Stock Exchange’s AIM market and trades over the counter in the United States under the ticker GUKYF. Its core business activity centers on the development and operation of the Shaikan oil field, one of the largest onshore discoveries in the region, alongside ongoing appraisal and exploration in adjacent blocks.

The company achieved a major milestone in 2009 with the discovery of the Shaikan field and commenced early production in 2014.

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