Equatorial Palm Oil plc (PAL.L) (LON:PAL) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Shares of Equatorial Palm Oil plc (PAL.L) (LON:PAL) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 20 ($0.26) and traded as high as GBX 21.70 ($0.28). Equatorial Palm Oil plc (PAL.L) shares last traded at GBX 20 ($0.26), with a volume of 4,734,357 shares changing hands.

Equatorial Palm Oil plc (PAL.L) Stock Up 33.3 %

The business’s 50 day simple moving average is GBX 20 and its 200 day simple moving average is GBX 20. The company has a market capitalization of £91.26 million and a PE ratio of -11.76.

Equatorial Palm Oil plc (PAL.L) Company Profile

Equatorial Palm Oil plc, together with its subsidiaries, develops and produces crude palm oil in Liberia. The company was founded in 2005 and is based in London, the United Kingdom.