Shares of Petrofac Limited (OTCMKTS:POFCY – Get Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.14 and traded as low as $0.06. Petrofac shares last traded at $0.06, with a volume of 101,601 shares trading hands.
Petrofac Trading Down 12.8 %
The firm’s 50 day simple moving average is $0.14 and its 200-day simple moving average is $0.19.
About Petrofac
Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES).
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