Phoenix Global Resources (LON:PGR) Stock Price Crosses Below 200 Day Moving Average – Here’s What Happened

Phoenix Global Resources plc (LON:PGRGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 6.50 ($0.09) and traded as low as GBX 5 ($0.07). Phoenix Global Resources shares last traded at GBX 6.50 ($0.09), with a volume of 52,946 shares trading hands.

Phoenix Global Resources Price Performance

The business has a fifty day simple moving average of GBX 6.50 and a two-hundred day simple moving average of GBX 6.50. The company has a current ratio of 0.28, a quick ratio of 0.21 and a debt-to-equity ratio of 38,240.11. The company has a market cap of £181.13 million and a PE ratio of -8.13.

About Phoenix Global Resources

(Get Free Report)

Phoenix Global Resources plc engages in the exploration, development, and production of oil and gas in Argentina. It has interests in 11 operated assets and 4 non-operated assets in the Neuquén basin; two operated assets in the Cuyana basin; and three non-operated assets in the Austral basin. The company is based in London, the United Kingdom.

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