Jericho Energy Ventures (OTCMKTS:JROOF) Trading Up 17.5% – Here’s Why

Jericho Energy Ventures Inc. (OTCMKTS:JROOFGet Free Report)’s share price rose 17.5% during mid-day trading on Tuesday . The stock traded as high as $0.12 and last traded at $0.12. Approximately 200 shares changed hands during trading, a decline of 98% from the average daily volume of 11,676 shares. The stock had previously closed at $0.10.

Jericho Energy Ventures Price Performance

The stock’s 50-day moving average price is $0.11 and its 200-day moving average price is $0.10.

About Jericho Energy Ventures

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Jericho Energy Ventures Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of crude oil and natural gas in the United States. It also invests in hydrogen technologies, energy storage, carbon capture, and new energy systems. The company was formerly known as Jericho Oil Corporation and changed its name to Jericho Energy Ventures Inc in March 2021.

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