Prio S.A. (OTCMKTS:PTRRY – Get Free Report) shares dropped 7.4% during mid-day trading on Tuesday . The company traded as low as C$6.52 and last traded at C$6.60. Approximately 835 shares changed hands during trading, a decline of 96% from the average daily volume of 23,407 shares. The stock had previously closed at C$7.13.
Prio Price Performance
The firm has a 50-day simple moving average of C$7.15 and a two-hundred day simple moving average of C$7.14.
Prio Company Profile
Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro.
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