Rose Petroleum plc (ROSE.L) (LON:ROSE) Stock Crosses Below 200-Day Moving Average – Here’s What Happened

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 339.07 and traded as low as GBX 328. Rose Petroleum plc (ROSE.L) shares last traded at GBX 339, with a volume of 889,833 shares.

Rose Petroleum plc (ROSE.L) Stock Performance

The stock’s 50-day simple moving average is GBX 343.27 and its 200 day simple moving average is GBX 339.37. The company has a market capitalization of £1.38 billion and a PE ratio of -719.00. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.29 and a current ratio of 2.46.

Rose Petroleum plc (ROSE.L) Company Profile

(Get Free Report)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013. Rose Petroleum plc was incorporated in 2002 and is headquartered in Newbury, the United Kingdom.

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