Santos (OTCMKTS:STOSF) Shares Down 3.2% – Time to Sell?

Santos Limited (OTCMKTS:STOSFGet Free Report) fell 3.2% during mid-day trading on Wednesday . The company traded as low as $4.33 and last traded at $4.50. 41,150 shares traded hands during mid-day trading, an increase of 305% from the average session volume of 10,148 shares. The stock had previously closed at $4.65.

Santos Price Performance

The stock’s 50 day moving average price is $4.59 and its 200 day moving average price is $4.83.

About Santos

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Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.

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