Range Resources (LON:RRL) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Range Resources Ltd (LON:RRLGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.04 ($0.00) and traded as low as GBX 0.03 ($0.00). Range Resources shares last traded at GBX 0.04 ($0.00), with a volume of 1,608,636 shares changing hands.

Range Resources Price Performance

The company has a market capitalization of £676,000.00 and a price-to-earnings ratio of 0.00. The company has a debt-to-equity ratio of 1,052.15, a quick ratio of 0.75 and a current ratio of 1.07. The business’s 50 day moving average is GBX 0.03 and its 200 day moving average is GBX 0.04.

Range Resources Company Profile

(Get Free Report)

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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