Shares of Africa Oil Corp. (OTCMKTS:AOIFF – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as $1.40 and last traded at $1.42, with a volume of 175086 shares changing hands. The stock had previously closed at $1.52.
Africa Oil Stock Performance
The stock has a market capitalization of $633.71 million, a P/E ratio of 10.14 and a beta of 1.02. The firm’s fifty day simple moving average is $1.66 and its 200 day simple moving average is $1.71.
Africa Oil Announces Dividend
The company also recently announced a dividend, which will be paid on Friday, September 27th. Shareholders of record on Monday, September 9th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Monday, September 9th. Africa Oil’s dividend payout ratio is currently 35.71%.
Africa Oil Company Profile
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria, and development assets in Kenya. It also has a portfolio of exploration and appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and Senegal Guinea Bissau Joint Development Zone.
Featured Articles
- Five stocks we like better than Africa Oil
- What is the NASDAQ Stock Exchange?
- Emerging Markets: What They Are and Why They Matter
- What is a buyback in stocks? A comprehensive guide for investors
- Recession or Not, These 3 Stocks Are Winners
- How to Plot Fibonacci Price Inflection Levels
- Why NVIDIA Is More of a Screaming Buy Than Ever
Receive News & Ratings for Africa Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Africa Oil and related companies with MarketBeat.com's FREE daily email newsletter.
