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Capricorn Energy (OTCMKTS:CRNCY) Stock Price Crosses Below 50-Day Moving Average - Here's What Happened

Capricorn Energy logo with Energy background

Key Points

  • Capricorn Energy's stock has recently fallen below its 50-day moving average, trading at $5.95 compared to the average of $6.18.
  • The company demonstrates sound financial fundamentals, with a debt-to-equity ratio of 0.22 and a current ratio of 2.24.
  • Formerly known as Cairn Energy PLC, Capricorn Energy engages in the exploration and production of oil and gas assets in Mexico and Egypt.
  • Looking to export and analyze Capricorn Energy data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Capricorn Energy PLC Unsponsored ADR (OTCMKTS:CRNCY - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.18 and traded as low as $5.95. Capricorn Energy shares last traded at $5.95, with a volume of 1,001 shares traded.

Capricorn Energy Price Performance

The business has a 50 day moving average of $6.16 and a two-hundred day moving average of $6.34. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.19 and a current ratio of 2.24.

Capricorn Energy Company Profile

(Get Free Report)

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas worldwide. It holds a portfolio of exploration, development, and production assets in Mexico and Egypt. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.

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