PrairieSky Royalty (OTCMKTS:PREKF) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

PrairieSky Royalty Ltd. (OTCMKTS:PREKFGet Free Report) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $18.07 and traded as low as $16.98. PrairieSky Royalty shares last traded at $17.16, with a volume of 7,891 shares trading hands.

PrairieSky Royalty Stock Down 1.1 %

The firm has a 50 day simple moving average of $18.03 and a 200-day simple moving average of $19.37.

About PrairieSky Royalty

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PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.5 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.

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