Mayan Energy (LON:MYN) Shares Pass Below 50-Day Moving Average of $0.14

Mayan Energy Ltd (LON:MYNGet Rating) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 0.14 ($0.00) and traded as low as GBX 0.13 ($0.00). Mayan Energy shares last traded at GBX 0.14 ($0.00), with a volume of 16,096,226 shares trading hands.

Mayan Energy Stock Up 16.7 %

The stock’s 50 day moving average price is GBX 0.14 and its 200-day moving average price is GBX 0.14. The stock has a market capitalization of ¬£5.28 million and a PE ratio of -0.23.

About Mayan Energy

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Mayan Energy Limited engages in the development, production, and sale of hydrocarbons and related activities in the United States. The company holds interests in Forest Hills project situated in Wood County, Texas; Stockdale oil fields located in Wilson County, Texas; Zink Ranch and Mathis leases situated in Osage County, Oklahoma; and Shoats Creek field located in Louisiana.

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