Lundin Energy AB (publ) (OTCMKTS:LNEGY) Trading 2.3% Higher – Here’s What Happened

Lundin Energy AB (publ) (OTCMKTS:LNEGY) was up 2.3% during mid-day trading on Friday . The stock traded as high as $42.50 and last traded at $42.50. Approximately 100 shares were traded during trading, a decline of 90% from the average daily volume of 1,032 shares. The stock had previously closed at $41.55.

Lundin Energy AB (publ) Stock Performance

The firm’s 50 day moving average is $42.50 and its 200-day moving average is $42.50.

About Lundin Energy AB (publ)

Lundin Energy AB (publ), an independent oil and gas company, engages in the exploration, development, and production of oil and gas properties primarily in Norway. As of December 31, 2021, it had proved plus probable oil and gas reserves of 639.1 million barrels of oil equivalent (MMboe); and proved plus probable plus possible oil and gas reserves of 799.4 MMboe.