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Rose Petroleum plc (ROSE.L) (LON:ROSE) Shares Cross Below Two Hundred Day Moving Average - Here's What Happened

Rose Petroleum plc (ROSE.L) logo with Energy background

Shares of Rose Petroleum plc (ROSE.L) (LON:ROSE - Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 695.67 ($9.36) and traded as low as GBX 328 ($4.41). Rose Petroleum plc (ROSE.L) shares last traded at GBX 328 ($4.41), with a volume of 204,568 shares.

Rose Petroleum plc (ROSE.L) Trading Down 0.4%

The business has a 50 day moving average of GBX 522.23 and a two-hundred day moving average of GBX 691.54. The firm has a market capitalization of £82.62 million and a price-to-earnings ratio of -691.74. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.29 and a current ratio of 2.46.

About Rose Petroleum plc (ROSE.L)

(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.

Further Reading

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