President Energy (LON:PPC) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

President Energy Plc (LON:PPCGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 155 ($2.02) and traded as low as GBX 150 ($1.96). President Energy shares last traded at GBX 155 ($2.02), with a volume of 16,138 shares changing hands.

President Energy Price Performance

The company has a debt-to-equity ratio of 51.13, a current ratio of 0.35 and a quick ratio of 0.31. The business’s fifty day moving average price is GBX 155 and its 200-day moving average price is GBX 155. The stock has a market capitalization of £15.95 million and a price-to-earnings ratio of 156.57.

About President Energy

(Get Free Report)

President Energy Plc, together with its subsidiaries, engages in the exploration, evaluation, development, and production of oil and gas properties primarily in South America. The company holds exploration assets in Paraguay, Argentina, and the United States. It is also involved in the exploration, production, and sale of hydrocarbons and related activities.

Recommended Stories

Receive News & Ratings for President Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for President Energy and related companies with MarketBeat.com's FREE daily email newsletter.