Canadian Overseas Petroleum (LON:COPL) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Canadian Overseas Petroleum Limited (LON:COPLGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.06 ($0.00) and traded as low as GBX 0.06 ($0.00). Canadian Overseas Petroleum shares last traded at GBX 0.06 ($0.00), with a volume of 0 shares.

Canadian Overseas Petroleum Stock Performance

The firm has a market capitalization of £2.13 million, a price-to-earnings ratio of -0.39 and a beta of -0.61. The company has a quick ratio of 0.43, a current ratio of 0.19 and a debt-to-equity ratio of 243.85. The business has a 50-day moving average price of GBX 0.06 and a 200-day moving average price of GBX 0.06.

About Canadian Overseas Petroleum

(Get Free Report)

Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas reserves in the United States, Canada, the United Kingdom, Bermuda, and sub-Saharan Africa. Its Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from an adjacent wind farm to power production facilities.

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