Prio (OTCMKTS:PTRRY) Trading Up 8.2% – What’s Next?

Prio S.A. (OTCMKTS:PTRRYGet Free Report) shares rose 8.2% during mid-day trading on Wednesday . The stock traded as high as C$7.29 and last traded at C$7.29. Approximately 15,593 shares were traded during trading, an increase of 245% from the average daily volume of 4,515 shares. The stock had previously closed at C$6.74.

Prio Stock Performance

The company’s 50-day moving average price is C$7.22 and its 200-day moving average price is C$7.90.

Prio Company Profile

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Prio SA, together with its subsidiaries, engages in the exploration, development, and production of oil and natural gas properties in Brazil and internationally. It holds a 100% interest in the Polvo Field covering approximately 134 square kilometres located in the southern portion of the Campos Basin, Rio de Janeiro; and the Frade Field that consists of approximately 154 kilometres located in the northern region of the Campos Basin, Rio de Janeiro.

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