HELLENiQ ENERGY (OTCMKTS:HLPMF) Shares Up 6.3% – Here’s Why

HELLENiQ ENERGY Holdings S.A. (OTCMKTS:HLPMFGet Free Report) shares shot up 6.3% during mid-day trading on Thursday . The company traded as high as $12.75 and last traded at $12.75. 274 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 357 shares. The stock had previously closed at $12.00.

HELLENiQ ENERGY Price Performance

The business has a fifty day moving average of $11.40 and a 200-day moving average of $10.40.

HELLENiQ ENERGY Company Profile

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HELLENiQ ENERGY Public Limited Company, formerly known as Hellenic Petroleum, is a leading integrated energy group in Southeast Europe. The company’s core activities span crude oil refining, supply, trading, petrochemicals and energy production. With operations rooted in Greece, HELLENiQ ENERGY serves both domestic and regional markets through a network of refineries, import terminals and marketing subsidiaries.

The refining segment comprises three major facilities located in Elefsina, Thessaloniki and Aspropyrgos, which together process crude oil into a wide range of petroleum products, including gasoline, diesel, jet fuel and bitumen.

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