Aker BP ASA (OTCMKTS:DETNF) Share Price Passes Below 50-Day Moving Average – Should You Sell?

Aker BP ASA (OTCMKTS:DETNFGet Free Report)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $21.43 and traded as low as $20.47. Aker BP ASA shares last traded at $20.53, with a volume of 1,166 shares trading hands.

Aker BP ASA Stock Performance

The company’s 50-day moving average price is $21.43 and its 200 day moving average price is $23.43.

Aker BP ASA Company Profile

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Aker BP ASA engages in the exploration, development and production of petroleum in Norway. The firm conducts its activities on the Norwegian Continental Shelf. It has balanced portfolio and is the operator of the Valhall, Ula, Ivar Aasen, Alvheim and Skarv field hubs. The company was founded in 2001 and is headquartered in Lysaker, Norway.

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