Sterling Energy (LON:SEY) Stock Price Crosses Above 50 Day Moving Average of $16.50

Sterling Energy plc (LON:SEY – Get Rating)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 16.50 ($0.20) and traded as high as GBX 17 ($0.21). Sterling Energy shares last traded at GBX 16.50 ($0.20), with a volume of 545,820 shares.

Sterling Energy Stock Down 0.6 %

The stock’s fifty day simple moving average is GBX 16.50 and its two-hundred day simple moving average is GBX 16.50. The company has a market capitalization of £36.31 million and a price-to-earnings ratio of -27.50. The company has a debt-to-equity ratio of 1.23, a current ratio of 159.29 and a quick ratio of 159.29.

Sterling Energy Company Profile

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Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.