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Capricorn Energy (OTCMKTS:CRNCY) Shares Pass Below Fifty Day Moving Average - Should You Sell?

Capricorn Energy logo with Energy background

Key Points

  • Capricorn Energy's stock price fell below its fifty-day moving average of $5.97, trading as low as $5.77 during recent trading.
  • The company's financial health is reflected in its low debt-to-equity ratio of 0.22 and solid liquidity ratios, including a quick ratio of 2.19 and a current ratio of 2.24.
  • Capricorn Energy is an independent energy company focused on the exploration and production of oil and gas with assets located in Mexico and Egypt.
  • Five stocks we like better than Capricorn Energy.

Capricorn Energy PLC Unsponsored ADR (OTCMKTS:CRNCY - Get Free Report) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $5.97 and traded as low as $5.77. Capricorn Energy shares last traded at $5.77, with a volume of 101 shares changing hands.

Capricorn Energy Stock Performance

The firm has a 50 day moving average of $5.96 and a 200-day moving average of $6.16. The company has a quick ratio of 2.19, a current ratio of 2.24 and a debt-to-equity ratio of 0.22.

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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