Phoenix Global Resources (LON:PGR) Share Price Passes Below Two Hundred Day Moving Average of $6.50

Shares of Phoenix Global Resources plc (LON:PGRGet Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 6.50 ($0.08) and traded as low as GBX 5 ($0.06). Phoenix Global Resources shares last traded at GBX 6.50 ($0.08), with a volume of 52,946 shares changing hands.

Phoenix Global Resources Trading Up 4.0 %

The company has a market cap of £181.13 million and a price-to-earnings ratio of -8.13. The company has a debt-to-equity ratio of 38,240.11, a quick ratio of 0.21 and a current ratio of 0.28. The business’s 50 day moving average price is GBX 6.50 and its 200-day moving average price is GBX 6.50.

About Phoenix Global Resources

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Phoenix Global Resources plc engages in the exploration, development, and production of oil and gas in Argentina. It has interests in 11 operated assets and 4 non-operated assets in the Neuquén basin; two operated assets in the Cuyana basin; and three non-operated assets in the Austral basin. The company is based in London, the United Kingdom.

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