Ophir Energy (LON:OPHR) Shares Pass Above 200-Day Moving Average of $57.50

Ophir Energy Plc (LON:OPHR)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 57.50 ($0.72) and traded as high as GBX 57.50 ($0.72). Ophir Energy shares last traded at GBX 57.50 ($0.72), with a volume of 3,227,394 shares traded.

Ophir Energy Stock Up 1.6 %

The company has a market capitalization of £407.41 million and a PE ratio of -0.52. The company has a current ratio of 1.59, a quick ratio of 1.41 and a debt-to-equity ratio of 50.65. The firm has a 50 day simple moving average of GBX 57.50 and a two-hundred day simple moving average of GBX 57.50.

About Ophir Energy

Ophir Energy plc engages in the exploration, development, and production of upstream oil and gas properties in Asia and Africa. The company develops offshore and deep-water oil and gas exploration assets. It has 1 billion barrel of oil equivalent of reserves and resources. Ophir Energy plc was founded in 2004 and is headquartered in London, the United Kingdom.