Strategic Oil & Gas (CVE:SOG) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Shares of Strategic Oil & Gas Ltd (CVE:SOG) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.02 and traded as high as C$0.02. Strategic Oil & Gas shares last traded at C$0.02, with a volume of 3,800 shares trading hands.

Strategic Oil & Gas Trading Up ?

The company has a quick ratio of 0.53, a current ratio of 0.91 and a debt-to-equity ratio of 903.61. The stock has a market capitalization of C$36.34 million and a P/E ratio of -0.01. The firm’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

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. It also has interest in certain lands located in the Greater Green River Basin in southwest Wyoming, the United States.