Mega Uranium (TSE:MGA) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Mega Uranium Ltd. (TSE:MGAGet Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.62 and traded as low as C$0.61. Mega Uranium shares last traded at C$0.62, with a volume of 361,083 shares.

Mega Uranium Stock Performance

The stock has a 50 day moving average of C$0.57 and a 200 day moving average of C$0.62. The company has a quick ratio of 11.36, a current ratio of 1.45 and a debt-to-equity ratio of 8.23. The company has a market capitalization of C$238.64 million, a price-to-earnings ratio of 31.00 and a beta of 0.98.

Mega Uranium (TSE:MGAGet Free Report) last announced its earnings results on Friday, August 7th. The company reported C$0.01 EPS for the quarter. As a group, analysts predict that Mega Uranium Ltd. will post 5.1599998 EPS for the current year.

Mega Uranium Company Profile

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Mega Uranium Ltd. is a Toronto-based mineral resources company with a focus on the Georgetown uranium property in Australia and a portfolio of equity investments in uranium-focused public and private companies.

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