OPHIR ENERGY PL/ADR (OTCMKTS:OPHRY) Shares Up 5.7% – Here’s What Happened

OPHIR ENERGY PL/ADR (OTCMKTS:OPHRYGet Free Report)’s share price shot up 5.7% during trading on Monday . The company traded as high as $1.48 and last traded at $1.48. 2,000 shares changed hands during trading, a decline of 98% from the average session volume of 116,436 shares. The stock had previously closed at $1.40.

OPHIR ENERGY PL/ADR Stock Performance

The stock’s 50 day simple moving average is $1.48 and its 200-day simple moving average is $1.48.

OPHIR ENERGY PL/ADR Company Profile

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Ophir Energy plc is an upstream oil and gas exploration and production company that focuses on identifying, appraising and developing hydrocarbon resources in frontier and emerging basins. The company’s activities span the full project lifecycle, from initial seismic acquisition and well drilling through to field development, production and commercialisation. Ophir’s portfolio has historically included both onshore and offshore assets, with an emphasis on deepwater operations.

Ophir Energy’s asset base has been concentrated in key regions of sub-Saharan Africa and the Asia-Pacific.

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