Obtala (LON:OBT) Shares Cross Below 200-Day Moving Average of $6.90

Obtala Ltd (LON:OBT)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 6.90 ($0.09) and traded as low as GBX 6.90 ($0.09). Obtala shares last traded at GBX 6.90 ($0.09), with a volume of 227,500 shares trading hands.

Obtala Stock Down 2.8 %

The business’s 50 day moving average is GBX 6.90 and its 200-day moving average is GBX 6.90. The company has a debt-to-equity ratio of 15.92, a quick ratio of 0.43 and a current ratio of 0.89. The stock has a market cap of £28.50 million and a price-to-earnings ratio of -1.86.

About Obtala

Obtala Limited, formerly Obtala Resources Limited, is engaged in the development of agricultural, food processing and timber projects, the holding of mineral resource licenses, projects and investment in other natural resources exploration and development companies and retail. The Company operates through four segments: Exploration and development, Agriculture and forestry, Investing activities and Retail.