Sundance Energy Australia (OTCMKTS:SDCJF) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Sundance Energy Australia Ltd (OTCMKTS:SDCJFGet Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.15 and traded as high as $0.15. Sundance Energy Australia shares last traded at $0.15, with a volume of 1,200 shares trading hands.

Sundance Energy Australia Trading Up 200.0%

The stock has a fifty day moving average price of $0.15 and a two-hundred day moving average price of $0.15. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.95.

Sundance Energy Australia Company Profile

(Get Free Report)

Sundance Energy Australia Limited is an independent upstream oil and gas company domiciled in Australia, with exploration and production assets in the Sultanate of Oman. The company focuses on the acquisition, development and optimization of onshore petroleum concessions, applying modern reservoir management techniques and field development planning to enhance production performance.

Through its wholly-owned subsidiary, Sundance Energy (Oman) Limited, the company holds working interests in several onshore production-sharing contracts, including Blocks 4, 5 and 8.

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