Pine Cliff Energy (OTCMKTS:PIFYF) Stock Falls 1.1% – Time to Sell?

Pine Cliff Energy Ltd. (OTCMKTS:PIFYF – Get Free Report)’s stock price was down 1.1% during mid-day trading on Wednesday. The stock traded as low as $0.38 and last traded at $0.38. Approximately 52,238 shares were traded during trading, a decline of 39% from the average session volume of 86,210 shares. The stock had previously closed at $0.3841.

Pine Cliff Energy Stock Performance

The company has a 50-day simple moving average of $0.38 and a 200-day simple moving average of $0.42.

Pine Cliff Energy Company Profile

(Get Free Report)

Pine Cliff Energy Ltd. is a Canadian oil and natural gas exploration and production company focused on conventional energy assets in Alberta. The company’s operations include the production and sale of natural gas, crude oil, condensate and natural gas liquids.

Pine Cliff has built its business primarily through the acquisition and operation of mature, long-life oil and gas properties. Its strategy emphasizes assets with established production, existing infrastructure and opportunities to improve operational efficiency and recover additional reserves.

Founded in 2004 and headquartered in Calgary, Alberta, Pine Cliff serves energy markets through its Alberta-based production and marketing activities.

Further Reading

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