MX Oil (LON:MXO) Shares Pass Below 50-Day Moving Average of $0.32

Shares of MX Oil PLC (LON:MXOGet Rating) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.32 ($0.00) and traded as low as GBX 0.31 ($0.00). MX Oil shares last traded at GBX 0.32 ($0.00), with a volume of 27,655,588 shares traded.

MX Oil Price Performance

The company has a market capitalization of ¬£14.31 million and a PE ratio of -0.01. The company’s 50 day simple moving average is GBX 0.32 and its 200 day simple moving average is GBX 0.32.

About MX Oil

(Get Rating)

MX Oil plc operates as an oil and gas investment company. It invests in OML 113, an offshore license that covers an area of 835 sq km in Nigeria. The company was formerly known as Astar Minerals plc and changed its name to MX Oil plc in July 2014. MX Oil plc was incorporated in 2004 and is based in London, the United Kingdom.

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