Gulf Keystone Petroleum (LON:GKP) Share Price Crosses Below 200 Day Moving Average of $221.20

Gulf Keystone Petroleum Limited (LON:GKP – Get Rating)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 221.20 ($2.67) and traded as low as GBX 193.78 ($2.33). Gulf Keystone Petroleum shares last traded at GBX 195 ($2.35), with a volume of 1,050,315 shares traded.

Gulf Keystone Petroleum Trading Down 2.5 %

The business has a fifty day moving average of GBX 204.75 and a 200-day moving average of GBX 221.20. The company has a debt-to-equity ratio of 20.36, a quick ratio of 2.18 and a current ratio of 2.27. The company has a market capitalization of £421.68 million and a P/E ratio of 205.26.

Gulf Keystone Petroleum Company Profile

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Gulf Keystone Petroleum Limited engages in the exploration, evaluation, and production of oil and gas properties in the Kurdistan Region of Iraq and the United Kingdom. The company operates Shaikan field that covers an area of 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.