Orlen (OTCMKTS:PSKOF) Trading 8.3% Higher – Time to Buy?

Shares of Orlen S.A. (OTCMKTS:PSKOFGet Free Report) shot up 8.3% during trading on Friday . The company traded as high as C$12.25 and last traded at C$12.02. 1,000 shares were traded during mid-day trading, an increase of 50% from the average session volume of 666 shares. The stock had previously closed at C$11.10.

Orlen Trading Up 8.3 %

The company’s fifty day moving average is C$12.46 and its 200 day moving average is C$15.17.

Orlen Company Profile

(Get Free Report)

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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