Rose Petroleum plc (ROSE.L) (LON:ROSE) Stock Price Passes Above Fifty Day Moving Average - Should You Sell?

Key Points

• Rose Petroleum plc (ROSE.L) shares recently surpassed their 50-day moving average, trading at GBX 339 ($4.52) with a high of GBX 350 ($4.66) during the session.
• The company has a market capitalization of £1.37 billion and demonstrates strong liquidity with a current ratio of 2.46 and a quick ratio of 2.29.
• Rose Petroleum holds a 75% working interest in the Paradox Basin, covering approximately 80,000 net acres in Utah, USA.

Rose Petroleum plc (ROSE.L) (LON:ROSE - ) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 340.42 ($4.53) and traded as high as GBX 350 ($4.66). Rose Petroleum plc (ROSE.L) shares last traded at GBX 339 ($4.52), with a volume of 2,971,689 shares.

Rose Petroleum plc (ROSE.L) Trading Down 0.3%

The company has a current ratio of 2.46, a quick ratio of 2.29 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of £1.37 billion and a price-to-earnings ratio of -713.70. The firm has a 50-day moving average of GBX 340.42 and a 200 day moving average of GBX 437.19.

Rose Petroleum plc (ROSE.L) Company Profile

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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