Urals Energy PCL (LON:UEN) Shares Cross Below 50-Day Moving Average – Time to Sell?

Urals Energy PCL (LON:UEN)’s stock price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 38 ($0.50) and traded as low as GBX 38 ($0.50). Urals Energy PCL shares last traded at GBX 38 ($0.50), with a volume of 14,900 shares.

Urals Energy PCL Price Performance

The business’s fifty day moving average is GBX 38 and its 200 day moving average is GBX 38. The company has a market cap of £4.80 million and a P/E ratio of 0.42. The company has a current ratio of 0.90, a quick ratio of 0.33 and a debt-to-equity ratio of 28.96.

Urals Energy PCL Company Profile

Urals Energy Public Company Limited, together with its subsidiaries, operates as an independent exploration and production company in Russia. Its primary exploration and production operations are on the Kolguyev Island based in Timan Pechora, on Sakhalin Island, and Komi region. The company has 2P proved and probable reserves of 46.3 mmboe.