Dno Asa (OTCMKTS:DTNOF) Trading 1.8% Higher – Still a Buy?

Dno Asa (OTCMKTS:DTNOFGet Free Report) shares were up 1.8% during trading on Friday . The stock traded as high as $1.68 and last traded at $1.68. Approximately 180 shares changed hands during trading, a decline of 86% from the average daily volume of 1,260 shares. The stock had previously closed at $1.65.

Dno Asa Price Performance

The firm has a 50 day moving average price of $1.53 and a two-hundred day moving average price of $1.45.

Dno Asa Company Profile

(Get Free Report)

DNO ASA is an independent upstream oil and gas company headquartered in Oslo, Norway. Established in 1971, the company focuses on the exploration, development and production of hydrocarbon resources in key international markets. DNO’s strategy centers on high-margin, long-life oil fields and value accretion from early-stage exploration successes.

The company’s core assets are concentrated in the Middle East, notably in the Kurdistan Region of Iraq, where it operates the Tawke and Peshkabir fields under long-term production sharing contracts.

Further Reading

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