Pantheon Resources (LON:PANR) Stock Crosses Above 200-Day Moving Average of $111.38

Pantheon Resources Plc (LON:PANRGet Rating)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 111.38 ($1.36) and traded as high as GBX 115.10 ($1.41). Pantheon Resources shares last traded at GBX 115.10 ($1.41), with a volume of 1,558,157 shares trading hands.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group upped their price objective on shares of Pantheon Resources from GBX 250 ($3.06) to GBX 280 ($3.43) and gave the company a “speculative buy” rating in a report on Monday, April 25th.

Pantheon Resources Price Performance

The company has a quick ratio of 20.28, a current ratio of 20.28 and a debt-to-equity ratio of 17.41. The company’s 50 day moving average is GBX 95.80 and its 200 day moving average is GBX 111.38. The firm has a market capitalization of £922.64 million and a price-to-earnings ratio of -115.10.

Pantheon Resources Company Profile

(Get Rating)

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Greater Alkaid project that covers 22,804 acres located in Alaska; and the Talitha project covering an area of approximately 44,463 acres. The company was incorporated in 2005 and is headquartered in London, the United Kingdom.

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