Strategic Oil & Gas (CVE:SOG) Shares Pass Below 200-Day Moving Average – Should You Sell?

by · The Markets Daily

Strategic Oil & Gas Ltd (CVE:SOG – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.02 and traded as low as C$0.02. Strategic Oil & Gas shares last traded at C$0.02, with a volume of 3,800 shares changing hands.

Strategic Oil & Gas Price Performance

The company has a debt-to-equity ratio of 903.61, a current ratio of 0.91 and a quick ratio of 0.53. The stock has a market cap of C$36.34 million and a P/E ratio of -0.01. The company’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02.

About Strategic Oil & Gas

(Get Free Report)

Strategic Oil & Gas Ltd. engages in the exploration and development of petroleum and natural gas reserves in Western Canada and the Western United States. The company holds interests in various oil and natural gas properties located in Amber, Bistcho/Larne, Conrad, Marlowe, and Taber areas in Alberta; Cameron Hills, Northwest Territories; and Maxhamish, Northeast British Columbia.

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