Canadian Overseas Petroleum (LON:COPL) Stock Price Passes Below 200 Day Moving Average – What’s Next?

Canadian Overseas Petroleum Limited (LON:COPLGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 0.06 ($0.00) and traded as low as GBX 0.06 ($0.00). Canadian Overseas Petroleum shares last traded at GBX 0.06 ($0.00), with a volume of 0 shares changing hands.

Canadian Overseas Petroleum Stock Performance

The business’s 50-day simple moving average is GBX 0.06 and its two-hundred day simple moving average is GBX 0.06. The company has a current ratio of 0.19, a quick ratio of 0.43 and a debt-to-equity ratio of 243.85. The company has a market capitalization of £2.13 million, a PE ratio of -0.39 and a beta of -0.61.

About Canadian Overseas Petroleum

(Get Free Report)

Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas reserves in the United States, Canada, the United Kingdom, Bermuda, and sub-Saharan Africa. Its Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from an adjacent wind farm to power production facilities.

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