Aminex (LON:AEX) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

Aminex PLC (LON:AEXGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.15 ($0.02) and traded as low as GBX 1.10 ($0.01). Aminex shares last traded at GBX 1.27 ($0.02), with a volume of 2,015,728 shares traded.

Aminex Stock Performance

The company’s fifty day moving average is GBX 1.12 and its two-hundred day moving average is GBX 1.15. The company has a market cap of £66.90 million, a price-to-earnings ratio of -59.68 and a beta of -0.03.

Aminex Company Profile

(Get Free Report)

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania.

Further Reading

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