Shares of Prospex Oil and Gas PLC (LON:PXOG – Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1.53 ($0.02) and traded as low as GBX 1.40 ($0.02). Prospex Oil and Gas shares last traded at GBX 1.53 ($0.02), with a volume of 540,413 shares traded.
Prospex Oil and Gas Price Performance
The company has a market capitalization of £1.35 million and a P/E ratio of -15.25. The business’s 50-day simple moving average is GBX 1.53 and its 200 day simple moving average is GBX 1.53. The company has a current ratio of 2.16, a quick ratio of 2.08 and a debt-to-equity ratio of 8.99.
About Prospex Oil and Gas
Prospex Oil And Gas Plc operates as an oil and gas investment company in Europe. It has a 50% economic interest in the exploration area of the EIV-1 Suceava Concession in Romania; and 17% working interest in the Podere Gallina Exploration Permit, which covers an area of 500 square kilometers located in onshore northern Italy in the Po Valley.
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