TransAtlantic Petroleum Ltd (TNP) Shares Down 5.6%

TransAtlantic Petroleum Ltd (TSE:TNP) (NYSE:TAT) dropped 5.6% on Wednesday . The stock traded as low as C$0.85 and last traded at C$0.85. Approximately 4,600 shares traded hands during trading, a decline of 9% from the average daily volume of 5,049 shares. The stock had previously closed at C$0.90.

The stock’s market capitalization is $40.27 million. The firm’s 50 day moving average is $1.11 and its 200 day moving average is $1.55.

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TransAtlantic Petroleum Company Profile

TransAtlantic Petroleum Ltd. is a holding company. The Company is an international oil and natural gas company engaged in acquisition, exploration, development and production. Its segments include Turkey and Bulgaria. The Company holds interests in approximately 880,000 and 567,000 net acres of developed and undeveloped oil and natural gas properties in Turkey and Bulgaria, respectively.

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