Phoenix Global Resources (LON:PGR) Shares Cross Below 200-Day Moving Average – Should You Sell?

Phoenix Global Resources plc (LON:PGRGet Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 6.50 ($0.09) and traded as low as GBX 5 ($0.07). Phoenix Global Resources shares last traded at GBX 6.50 ($0.09), with a volume of 52,946 shares trading hands.

Phoenix Global Resources Stock Performance

The company has a market cap of £181.13 million and a PE ratio of -8.13. The company has a current ratio of 0.28, a quick ratio of 0.21 and a debt-to-equity ratio of 38,240.11. The stock has a 50 day moving average price of GBX 6.50 and a 200 day moving average price of GBX 6.50.

About Phoenix Global Resources

(Get Free Report)

Phoenix Global Resources plc engages in the exploration, development, and production of oil and gas in Argentina. It has interests in 11 operated assets and 4 non-operated assets in the Neuquén basin; two operated assets in the Cuyana basin; and three non-operated assets in the Austral basin. The company is based in London, the United Kingdom.

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