PetroNeft Resources (LON:PTR) Stock Price Passes Below 200-Day Moving Average of $1.56

Shares of PetroNeft Resources plc (LON:PTRGet Rating) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1.56 ($0.02) and traded as low as GBX 0.81 ($0.01). PetroNeft Resources shares last traded at GBX 0.88 ($0.01), with a volume of 1,293,716 shares changing hands.

PetroNeft Resources Stock Performance

The firm’s 50-day moving average is GBX 1.15 and its 200 day moving average is GBX 1.56. The stock has a market cap of £9.37 million and a PE ratio of -2.19. The company has a debt-to-equity ratio of 25.50, a quick ratio of 0.60 and a current ratio of 0.63.

About PetroNeft Resources

(Get Rating)

PetroNeft Resources plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in Russia. The company primarily holds 50% operating interest in Licence 61 that covers 4,991 square kilometers in the Tomsk Oblast; and 90% operating interest in Licence 67 covering 2,447 square kilometers located in the Tomsk Oblast.

See Also

Want More Great Investing Ideas?

Receive News & Ratings for PetroNeft Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PetroNeft Resources and related companies with MarketBeat.com's FREE daily email newsletter.