Obtala (LON:OBT) Share Price Crosses Below 200 Day Moving Average of $6.90

Obtala Ltd (LON:OBT) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 6.90 ($0.09) and traded as low as GBX 6.90 ($0.09). Obtala shares last traded at GBX 6.90 ($0.09), with a volume of 227,500 shares changing hands.

Obtala Trading Down 2.8 %

The business has a 50 day simple moving average of GBX 6.90 and a 200-day simple moving average of GBX 6.90. The company has a debt-to-equity ratio of 15.92, a quick ratio of 0.43 and a current ratio of 0.89. The stock has a market capitalization of £28.50 million and a P/E ratio of -1.86.

Obtala Company Profile

Obtala Limited, formerly Obtala Resources Limited, is engaged in the development of agricultural, food processing and timber projects, the holding of mineral resource licenses, projects and investment in other natural resources exploration and development companies and retail. The Company operates through four segments: Exploration and development, Agriculture and forestry, Investing activities and Retail.