Viking Energy Group (OTCMKTS:VKIN) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened
by Mitch Edgeman · The Markets DailyViking Energy Group, Inc. (OTCMKTS:VKIN – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.81 and traded as low as $0.7210. Viking Energy Group shares last traded at $0.8070, with a volume of 699,600 shares traded.
Viking Energy Group Stock Up 11.3%
The stock’s fifty day moving average price is $0.81 and its 200-day moving average price is $0.81.
Viking Energy Group Company Profile
Viking Energy Group, Inc, an exploration and production company, engages in the acquisition and development of oil and natural gas properties in North America. The company operates through two segments, Oil and Gas Production and Power Generation. It manufactures and supplies power generation products, services, and custom energy solutions; clean-tech energy systems, including combined heat and power, tier 4 final diesel, and natural gas industrial engines, solar, wind, and storage; designs and assembles electrical control equipment, such as switch gear, synchronization and paralleling gear, distribution, bi-fuel, and complete power generation production controls; and clean energy and carbon-capture systems to generate clean electricity.