Shares of Orlen S.A. (OTCMKTS:PSKOF – Get Free Report) rose 8.3% during mid-day trading on Friday . The company traded as high as C$12.25 and last traded at C$12.02. Approximately 1,000 shares changed hands during mid-day trading, an increase of 50% from the average daily volume of 666 shares. The stock had previously closed at C$11.10.
Orlen Price Performance
The business’s 50-day simple moving average is C$12.49 and its 200-day simple moving average is C$15.23.
About Orlen
Orlen SA operates in refining, petrochemical, energy, retail, gas, and upstream business. It engages in the processing and wholesale of refinery products, such as crude oil; production and sale of fuel, oil, chemicals, and petrochemicals, as well as provision of supporting services; production, distribution, and sale of electricity and heat from conventional and renewable energy sources comprising solar photovoltaics, as well as natural gas; trading of electricity; exploration and extraction of mineral resources; exploration, production, and import of natural gas; and trading and storage of gas and liquid gas.
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