Amerisur Resources (LON:AMER) Stock Price Crosses Above 200-Day Moving Average of $15.41

Shares of Amerisur Resources plc (LON:AMER) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $15.41 and traded as high as $19.68. Amerisur Resources shares last traded at $19.36, with a volume of 1,696,566 shares changing hands.

Several research firms have commented on AMER. Peel Hunt reissued an “add” rating on shares of Amerisur Resources in a report on Friday, September 20th. Royal Bank of Canada reissued a “sector performer” rating on shares of Amerisur Resources in a report on Thursday, September 12th.

The company has a debt-to-equity ratio of 10.05, a quick ratio of 1.33 and a current ratio of 1.64. The stock has a market capitalization of $234.10 million and a P/E ratio of -24.20. The firm’s fifty day simple moving average is GBX 18.11 and its 200 day simple moving average is GBX 15.44.

Amerisur Resources Company Profile (LON:AMER)

Amerisur Resources plc engages in exploration and production of oil and gas assets in Colombia and Paraguay. It has assets around the OBA pipeline and also across the wider Putumayo region, with 11 blocks in total covering 984,000 hectares gross. Amerisur Resources Plc was incorporated in 2000 and is based in Cardiff, the United Kingdom.

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