Shares of Hardy Oil & Gas plc (LON:HDY) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.47 and traded as high as $3.25. Hardy Oil & Gas shares last traded at $3.25, with a volume of 1,000 shares trading hands.
The stock’s 50-day simple moving average is GBX 3.47. The firm has a market cap of $2.47 million and a price-to-earnings ratio of -0.04.
About Hardy Oil & Gas (LON:HDY)
Hardy Oil and Gas plc, an upstream oil and gas company, engages in the exploration, appraisal, development, and production of oil and gas properties in India. It holds a 10% interest in the GS-01 block situated in the Gujarat-Saurashtra offshore basin off the west coast of India; and a 75% interest in the CY-OS/2 exploration block covering an area of approximately 859 kilometers located in the northern part of the Cauvery basin.
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