PrairieSky Royalty (OTCMKTS:PREKF) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of PrairieSky Royalty Ltd. (OTCMKTS:PREKFGet Free Report) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $19.19 and traded as low as $17.96. PrairieSky Royalty shares last traded at $17.96, with a volume of 9,063 shares trading hands.

PrairieSky Royalty Stock Performance

The business’s 50 day moving average is $19.19 and its two-hundred day moving average is $19.95.

About PrairieSky Royalty

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PrairieSky Royalty Ltd., a pure-play royalty company, holds crude oil and natural gas royalty interests in Canada. It holds an interest in approximately 9.7 million acres with petroleum and/or natural gas rights, 8.5 million acres of gross overriding royalty interests, and other acreage. The company was incorporated in 2013 and is based in Calgary, Canada.

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