Shares of Karoon Energy Ltd (OTCMKTS:KRNGF – Get Free Report) shot up 19.7% during trading on Thursday . The stock traded as high as $0.92 and last traded at $0.92. 250 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 4,959 shares. The stock had previously closed at $0.77.
Karoon Energy Trading Down 0.9 %
The stock’s 50-day moving average is $0.89 and its two-hundred day moving average is $1.02.
Karoon Energy Company Profile
Karoon Energy Ltd operates as an oil and gas exploration and production company in Brazil, the United States, and Australia. It holds 100% interest in the Santos Basin located in the Sáo Paulo, Brazil. The company was formerly known as Karoon Gas Australia Ltd and changed its name to Karoon Energy Ltd in December 2018.
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