Obtala (LON:OBT) Stock Passes Below 200-Day Moving Average – Here’s Why

Obtala Ltd (LON:OBTGet Free Report) shares passed below its 200-day moving average during trading on Wednesday . 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 trading hands.

Obtala Stock Down 2.8 %

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

About Obtala

(Get Free Report)

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.

Featured Articles

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