Santos Limited (OTCMKTS:STOSF – Get Free Report) dropped 3.2% on Wednesday . The company traded as low as $4.33 and last traded at $4.50. Approximately 41,150 shares were traded during mid-day trading, an increase of 305% from the average daily volume of 10,148 shares. The stock had previously closed at $4.65.
Santos Price Performance
The company’s 50-day simple moving average is $4.59 and its 200-day simple moving average is $4.83.
About Santos
Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.
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