Range Resources (LON:RRL) Trading Up 7.7%

Range Resources Ltd (LON:RRL)’s share price was up 7.7% during trading on Tuesday . The company traded as high as GBX 4 ($0.05) and last traded at GBX 3.50 ($0.05), approximately 25,086 shares were traded during trading. A decline of 99% from the average daily volume of 4,480,000 shares. The stock had previously closed at GBX 3.25 ($0.04).

The company has a 50-day simple moving average of GBX 0.03 and a two-hundred day simple moving average of GBX 0.03. The company has a quick ratio of 0.02, a current ratio of 1.39 and a debt-to-equity ratio of 1,052.15. The firm has a market cap of $412.32 million and a PE ratio of -7.00.

About Range Resources (LON:RRL)

Range Resources Limited engages in the exploration, development, and production of oil and gas in Trinidad and Indonesia. It holds 100% interests in three onshore production licenses, including Morne Diablo, South Quarry, and Beach Marcelle; and 80% interest in the St Mary's exploration block. The company was incorporated in 1982 and is based in Perth, Australia.

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