Prospex Oil and Gas (LON:PXOG) Shares Pass Below 50-Day Moving Average of $1.53

Prospex Oil and Gas PLC (LON:PXOGGet Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 1.53 ($0.02) and traded as low as GBX 1.40 ($0.02). Prospex Oil and Gas shares last traded at GBX 1.53 ($0.02), with a volume of 540,413 shares traded.

Prospex Oil and Gas Price Performance

The company has a market capitalization of £1.35 million and a PE ratio of -15.25. The company has a quick ratio of 2.08, a current ratio of 2.16 and a debt-to-equity ratio of 8.99. The firm’s 50-day moving average is GBX 1.53 and its 200-day moving average is GBX 1.53.

About Prospex Oil and Gas

(Get Free Report)

Prospex Oil And Gas Plc operates as an oil and gas investment company in Europe. It has a 50% economic interest in the exploration area of the EIV-1 Suceava Concession in Romania; and 17% working interest in the Podere Gallina Exploration Permit, which covers an area of 500 square kilometers located in onshore northern Italy in the Po Valley.

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