Reabold Resources (LON:RBD) Share Price Passes Below Fifty Day Moving Average of $0.22

Reabold Resources Plc (LON:RBDGet Rating) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 0.22 ($0.00) and traded as low as GBX 0.19 ($0.00). Reabold Resources shares last traded at GBX 0.20 ($0.00), with a volume of 8,914,378 shares trading hands.

Reabold Resources Price Performance

The business’s 50 day moving average is GBX 0.22 and its two-hundred day moving average is GBX 0.25. The firm has a market capitalization of ¬£17.90 million, a PE ratio of -2.03 and a beta of 1.31.

Reabold Resources Company Profile

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Reabold Resources Plc invests in upstream oil and gas projects. Its exploration licenses include PEDL 183 license area situated in the United Kingdom; Monroe Swell and West Brentwood license areas located in the United States; and Parta exploration license area situated in Romania. The company was formerly known as Adventis Group plc and changed its name to Reabold Resources Plc in December 2012.

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