Baron Oil (LON:BOIL) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Baron Oil Plc (LON:BOILGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.08 ($0.00) and traded as low as GBX 0.08 ($0.00). Baron Oil shares last traded at GBX 0.08 ($0.00), with a volume of 166,329,031 shares trading hands.

Baron Oil Stock Performance

The stock’s 50 day simple moving average is GBX 0.08 and its 200 day simple moving average is GBX 0.08. The company has a debt-to-equity ratio of 0.26, a quick ratio of 3.21 and a current ratio of 39.47. The firm has a market cap of £21.17 million, a PE ratio of -0.87 and a beta of 0.51.

Baron Oil Company Profile

(Get Free Report)

Baron Oil Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves, and other related activities in South America, South East Asia, and the United Kingdom. The company holds 75% interest in Timor-Leste TL-SO-19-16 PSC offshore license located in Southeast Asia.

Further Reading

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