PetroTal Corp. (OTCMKTS:PTALF – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $0.37 and traded as low as $0.3570. PetroTal shares last traded at $0.3621, with a volume of 114,370 shares.
PetroTal Trading Down 5.9%
The business’s fifty day moving average price is $0.40 and its two-hundred day moving average price is $0.37.
About PetroTal
PetroTal Corp. is an oil and gas company focused on the exploration, development and production of crude oil in Peru. Its principal producing asset is the Bretana field in Block 95, in the Loreto region of the Peruvian Amazon.
The company’s operations center on developing the Bretana field and producing oil for sale. PetroTal was established in 2017 and has built its business around its Peruvian assets.
PetroTal is led by President and Chief Executive Officer Manuel Pablo Zuniga-Pflucker.
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