Tamarack Valley Energy (OTCMKTS:TNEYF) Shares Cross Below 50 Day Moving Average – Should You Sell?

Tamarack Valley Energy Ltd. (OTCMKTS:TNEYFGet Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.12 and traded as low as $2.81. Tamarack Valley Energy shares last traded at $2.82, with a volume of 24,190 shares changing hands.

Tamarack Valley Energy Stock Up 0.7 %

The company has a 50-day simple moving average of $3.11 and a 200 day simple moving average of $3.06.

Tamarack Valley Energy Company Profile

(Get Free Report)

Tamarack Valley Energy Ltd. acquires, explores, develops, and produces crude oil, natural gas, and natural gas liquids in the Western Canadian sedimentary basin. Its oil and natural gas properties are the Cardium, Clearwater, Charlie Lake, and Enhanced Oil Recovery assets located in the province of Alberta, Canada.

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