Victory Oilfield Tech (OTCMKTS:VYEY) Trading Down 80% – Time to Sell?

Victory Oilfield Tech, Inc. (OTCMKTS:VYEYGet Free Report)’s share price dropped 80% during mid-day trading on Thursday . The company traded as low as $0.11 and last traded at $0.11. Approximately 271 shares traded hands during trading, a decline of 84% from the average daily volume of 1,715 shares. The stock had previously closed at $0.55.

Victory Oilfield Tech Price Performance

The firm’s 50 day moving average price is $0.53 and its 200-day moving average price is $0.53.

Victory Oilfield Tech Company Profile

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Victory Oilfield Tech, Inc operates as an oilfield energy technology products company in the United States. The company offers patented oil and gas drilling products. It also provides various hardbanding solutions to the oilfield operators for drill and weight pipes, tubing, and drill collars, as well as grinding services.

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