GASFRAC Energy Services (OTCMKTS:GSFVF) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

GASFRAC Energy Services Inc. (OTCMKTS:GSFVF) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $0.0029. GASFRAC Energy Services shares last traded at $0.0010, with a volume of 955,400 shares changing hands.

GASFRAC Energy Services Stock Down 66.7%

GASFRAC Energy Services Company Profile

GASFRAC Energy Services is an oilfield services provider specializing in innovative hydraulic fracturing technologies. The company’s proprietary waterless fracturing process uses a gelled propane system that replaces conventional water-based fracs, reducing water usage and minimizing environmental impact. By leveraging a dry, gelled solvent, the technology helps maintain fracture conductivity and simplifies post-fracturing clean-up operations for oil and natural gas producers.

Headquartered in Calgary, Alberta, GASFRAC operates primarily in key North American resource plays, including Western Canada’s Montney and Duvernay formations and prominent U.S.