President Energy (LON:PPC) Shares Pass Below 200 Day Moving Average of $1.50

Shares of President Energy Plc (LON:PPCGet Rating) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.50 ($0.02) and traded as low as GBX 1.10 ($0.01). President Energy shares last traded at GBX 1.13 ($0.01), with a volume of 933,827 shares trading hands.

President Energy Stock Down 2.2 %

The firm has a market cap of £23.15 million and a P/E ratio of -3.69. The stock’s 50 day simple moving average is GBX 1.27 and its 200 day simple moving average is GBX 1.50. The company has a debt-to-equity ratio of 46.82, a quick ratio of 0.40 and a current ratio of 0.62.

President Energy Company Profile

(Get Rating)

President Energy Plc, together with its subsidiaries, engages in the exploration, evaluation, development, and production of oil and gas properties primarily in South America. The company holds exploration assets in Paraguay, Argentina, and the United States. It is also involved in the exploration, production, and sale of hydrocarbons and related activities.

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