Trinity Exploration & Production (LON:TRIN) Stock Price Passes Below 200-Day Moving Average of $120.46

Trinity Exploration & Production plc (LON:TRINGet Rating) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 120.46 ($1.46) and traded as low as GBX 111.95 ($1.35). Trinity Exploration & Production shares last traded at GBX 118.50 ($1.43), with a volume of 127,550 shares trading hands.

Trinity Exploration & Production Stock Up 6.3 %

The company has a current ratio of 2.18, a quick ratio of 1.87 and a debt-to-equity ratio of 5.98. The stock has a market capitalization of ¬£47.26 million and a P/E ratio of 740.63. The stock’s 50 day simple moving average is GBX 105.80 and its 200 day simple moving average is GBX 120.46.

Insider Buying and Selling at Trinity Exploration & Production

In other Trinity Exploration & Production news, insider Jeremy Bridglalsingh sold 111,041 shares of the stock in a transaction on Thursday, August 11th. The shares were sold at an average price of GBX 97 ($1.17), for a total transaction of £107,709.77 ($130,147.14).

Trinity Exploration & Production Company Profile

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Trinity Exploration & Production plc, an independent oil company, engages in the exploration, development, production, and sale of crude oil in Trinidad & Tobago. The company operates a portfolio of producing, development, and exploration assets onshore and offshore in the shallow waters off the west and east coasts of Trinidad.

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