Obtala (LON:OBT) Stock Crosses Below Two Hundred Day Moving Average of $6.90

Obtala Ltd (LON:OBT) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 6.90 ($0.09) and traded as low as GBX 6.90 ($0.09). Obtala shares last traded at GBX 6.90 ($0.09), with a volume of 227,500 shares traded.

Obtala Stock Down 2.8 %

The firm has a 50-day simple moving average of GBX 6.90 and a 200 day simple moving average of GBX 6.90. The company has a debt-to-equity ratio of 15.92, a current ratio of 0.89 and a quick ratio of 0.43. The stock has a market capitalization of £28.50 million and a P/E ratio of -1.86.

Obtala Company Profile

Obtala Limited, formerly Obtala Resources Limited, is engaged in the development of agricultural, food processing and timber projects, the holding of mineral resource licenses, projects and investment in other natural resources exploration and development companies and retail. The Company operates through four segments: Exploration and development, Agriculture and forestry, Investing activities and Retail.