Rose Petroleum plc (ROSE.L) (LON:ROSE) Share Price Passes Below 200-Day Moving Average – What’s Next?

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 695.67 ($9.34) and traded as low as GBX 328 ($4.40). Rose Petroleum plc (ROSE.L) shares last traded at GBX 328 ($4.40), with a volume of 204,568 shares.

Rose Petroleum plc (ROSE.L) Trading Down 0.6%

The business’s 50 day moving average price is GBX 529.12 and its 200-day moving average price is GBX 695.67. The company has a current ratio of 2.46, a quick ratio of 2.29 and a debt-to-equity ratio of 0.37. The company has a market cap of £82.72 million and a price-to-earnings ratio of -692.58.

Rose Petroleum plc (ROSE.L) Company Profile

(Get Free Report)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013.

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