Santos (OTCMKTS:SSLZY) Shares Up 13.3% – Should You Buy?

by · The Markets Daily

Santos Limited (OTCMKTS:SSLZY – Get Free Report)’s share price traded up 13.3% on Friday . The company traded as high as $7.17 and last traded at $7.06. 2,057,640 shares changed hands during mid-day trading, an increase of 1,420% from the average daily volume of 135,347 shares. The stock had previously closed at $6.23.

Santos Trading Up 13.3%

The firm’s fifty day moving average price is $5.84 and its 200-day moving average price is $5.61.

Santos Company Profile

(Get Free Report)

Santos Limited (OTCMKTS:SSLZY) is an independent exploration and production company headquartered in Adelaide, Australia. Established in 1954, the firm focuses on the development, production and marketing of natural gas, liquefied natural gas (LNG), condensate and crude oil. Santos operates a diversified portfolio of upstream assets that span conventional and unconventional resources, with an emphasis on long-life reserves and high-value gas projects.

The company’s core activities encompass the exploration for hydrocarbon resources, project development and operational management of producing fields.

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