PetroNeft Resources (LON:PTR) Stock Crosses Below 200 Day Moving Average of $0.58

PetroNeft Resources plc (LON:PTR – Get Rating)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.58 ($0.01) and traded as low as GBX 0.41 ($0.00). PetroNeft Resources shares last traded at GBX 0.43 ($0.01), with a volume of 644,382 shares.

PetroNeft Resources Stock Performance

The company has a market capitalization of £4.55 million, a P/E ratio of -1.14 and a beta of -0.80. The company has a debt-to-equity ratio of 10.97, a current ratio of 0.31 and a quick ratio of 0.26. The company has a fifty day moving average price of GBX 0.48 and a two-hundred day moving average price of GBX 0.58.

About PetroNeft Resources

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PetroNeft Resources plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas properties in Russia. The company primarily holds a 90% operating interest in Licence 67 covering 2,447 square kilometers located in the Tomsk Oblast; and 50% operating interest in Licence 61 that covers 4,991 square kilometers in the Tomsk Oblast.