Sterling Energy (LON:SEY) Stock Passes Below Two Hundred Day Moving Average of $16.50

Sterling Energy plc (LON:SEYGet Rating)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 16.50 ($0.20) and traded as low as GBX 16 ($0.20). Sterling Energy shares last traded at GBX 16.50 ($0.20), with a volume of 545,820 shares.

Sterling Energy Stock Performance

The company has a debt-to-equity ratio of 1.23, a quick ratio of 159.29 and a current ratio of 159.29. The company has a market cap of £36.31 million and a P/E ratio of -27.50. The firm has a 50 day moving average price of GBX 16.50 and a 200-day moving average price of GBX 16.50.

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.

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