Ceiba Energy Services (CVE:CEB) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Ceiba Energy Services Inc. (CVE:CEBGet Free Report)’s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.20 and traded as low as C$0.20. Ceiba Energy Services shares last traded at C$0.20, with a volume of 1,000 shares.

Ceiba Energy Services Stock Performance

The firm’s 50-day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.20.

About Ceiba Energy Services

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Ceiba Energy Services Inc, formerly Cancen Oil Canada Inc, provides specialized services to companies involved in the exploration, extraction and production of oil and natural gas in Western Canada. The Company operates through the segment of acquisition and development of oilfield service assets to perform services that include oil emulsion treatment, terminaling, storage and marketing of crude oil, and processing and disposal of produced water and waste fluids.

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