Baron Oil (LON:BOIL) Stock Crosses Above 50-Day Moving Average of $0.14

Baron Oil Plc (LON:BOILGet Rating)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 0.14 ($0.00) and traded as high as GBX 0.17 ($0.00). Baron Oil shares last traded at GBX 0.16 ($0.00), with a volume of 1,082,400,021 shares changing hands.

Baron Oil Price Performance

The company has a debt-to-equity ratio of 0.24, a current ratio of 4.28 and a quick ratio of 3.21. The stock has a market cap of £23.08 million and a P/E ratio of -0.87. The company’s 50 day simple moving average is GBX 0.14 and its 200 day simple moving average is GBX 0.10.

About Baron Oil

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Baron Oil Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves, and other related activities in South America, South East Asia, and the United Kingdom. The company holds 75% interest in Timor-Leste TL-SO-19-16 PSC offshore license located in Southeast Asia.

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