Capricorn Energy (OTCMKTS:CRNCY) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Shares of Capricorn Energy PLC Unsponsored ADR (OTCMKTS:CRNCYGet Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $5.61 and traded as low as $5.5450. Capricorn Energy shares last traded at $5.5450, with a volume of 400 shares changing hands.

Capricorn Energy Price Performance

The firm has a 50-day moving average of $5.61 and a two-hundred day moving average of $5.98. The company has a current ratio of 2.42, a quick ratio of 2.35 and a debt-to-equity ratio of 0.12.

Capricorn Energy Company Profile

(Get Free Report)

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas worldwide. It holds a portfolio of exploration, development, and production assets in Mexico and Egypt. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.

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