Bowleven (LON:BLVN) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Bowleven plc (LON:BLVNGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.21 ($0.00) and traded as high as GBX 0.28 ($0.00). Bowleven shares last traded at GBX 0.28 ($0.00), with a volume of 9,586,457 shares.

Bowleven Trading Up 10.0 %

The firm has a market capitalization of £5.20 million, a P/E ratio of -16.50, a price-to-earnings-growth ratio of -0.02 and a beta of 0.53. The business’s 50-day moving average is GBX 0.25 and its 200 day moving average is GBX 0.21. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.74 and a quick ratio of 8.06.

Bowleven Company Profile

(Get Free Report)

Bowleven plc engages in the exploration and appraisal of oil and gas properties in West Africa. It holds a 25% interest in the shallow water offshore Etinde permit that covers an area of approximately 461 square kilometers located in Cameroon. The company was incorporated in 2001 and is headquartered in London, the United Kingdom.

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