President Energy (LON:PPC) Shares Cross Above 200-Day Moving Average of $96.98

President Energy Plc (LON:PPC – Get Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 96.98 ($1.18) and traded as high as GBX 161 ($1.96). President Energy shares last traded at GBX 155 ($1.89), with a volume of 16,138 shares changing hands.

President Energy Price Performance

The stock has a market capitalization of £15.95 million and a PE ratio of 156.57. The stock’s 50-day moving average is GBX 155 and its 200 day moving average is GBX 96.98. The company has a debt-to-equity ratio of 51.13, a quick ratio of 0.31 and a current ratio of 0.35.

President Energy Company Profile

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President Energy Plc, together with its subsidiaries, engages in the exploration, evaluation, development, and production of oil and gas properties primarily in South America. The company holds exploration assets in Paraguay, Argentina, and the United States. It is also involved in the exploration, production, and sale of hydrocarbons and related activities.