Rose Petroleum plc (ROSE.L) (LON:ROSE) Stock Passes Below 200-Day Moving Average – Here’s Why

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 693.92 ($9.21) and traded as low as GBX 511 ($6.78). Rose Petroleum plc (ROSE.L) shares last traded at GBX 529 ($7.02), with a volume of 298 shares changing hands.

Rose Petroleum plc (ROSE.L) Stock Down 0.6 %

The business’s fifty day moving average price is GBX 672.54 and its two-hundred day moving average price is GBX 696.94. The stock has a market capitalization of £130.39 million and a PE ratio of -1,091.66. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.46 and a quick ratio of 2.29.

About Rose Petroleum plc (ROSE.L)

(Get Free Report)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013.

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