Mosman Oil and Gas (LON:MSMN) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Mosman Oil and Gas Limited (LON:MSMN) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 0.05 ($0.00) and traded as low as GBX 0.03 ($0.00). Mosman Oil and Gas shares last traded at GBX 0.03 ($0.00), with a volume of 570,480,000 shares trading hands.

Mosman Oil and Gas Stock Performance

The firm has a market cap of £5.26 million, a price-to-earnings ratio of -0.56 and a beta of 0.82. The business has a 50 day simple moving average of GBX 0.04 and a 200-day simple moving average of GBX 0.05.

Mosman Oil and Gas Company Profile

Mosman Oil and Gas Limited engages in the exploration, development, and production of oil and gas properties in Australia and the United States. It holds a 100% interest in the Amadeus Basin in Central Australia; and owns interests in the Stanley, Livingston, Winters, Winters-2, Greater Stanley, Arkoma, and Cinnabar oil and gas producing assets.