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Rose Petroleum plc (ROSE.L) (LON:ROSE) Shares Cross Below Two Hundred Day Moving Average - Time to Sell?

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

Rose Petroleum plc (ROSE.L) (LON:ROSE - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 684.81 ($9.40) and traded as low as GBX 338 ($4.64). Rose Petroleum plc (ROSE.L) shares last traded at GBX 339 ($4.65), with a volume of 256,992 shares traded.

Rose Petroleum plc (ROSE.L) Stock Performance

The firm's 50 day simple moving average is GBX 509.49 and its 200 day simple moving average is GBX 684.81. The firm has a market capitalization of £85.56 million and a price-to-earnings ratio of -716.33. 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.

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