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Gulf Keystone Petroleum (LON:GKP) Shares Pass Below 200 Day Moving Average - What's Next?

Gulf Keystone Petroleum logo with Energy background

Gulf Keystone Petroleum Limited (LON:GKP - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 167.75 ($2.25) and traded as low as GBX 158.95 ($2.13). Gulf Keystone Petroleum shares last traded at GBX 163.40 ($2.19), with a volume of 8,263,980 shares.

Gulf Keystone Petroleum Price Performance

The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.18 and a current ratio of 0.97. The company has a market cap of £460.53 million, a PE ratio of -60.27, a PEG ratio of 0.06 and a beta of 1.22. The company's 50-day simple moving average is GBX 161.48 and its 200 day simple moving average is GBX 168.37.

About Gulf Keystone Petroleum

(Get Free Report)

Gulf Keystone Petroleum Limited engages in oil and gas exploration, development, and production in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.

Further Reading

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