Rose Petroleum plc (ROSE.L) (LON:ROSE) Shares Cross Below 200 Day Moving Average – Here’s Why

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 381.56 and traded as low as GBX 345. Rose Petroleum plc (ROSE.L) shares last traded at GBX 349, with a volume of 283,112 shares traded.

Rose Petroleum plc (ROSE.L) Stock Up 1.2%

The stock has a market cap of £1.42 billion and a P/E ratio of -736.92. The company has a quick ratio of 2.29, a current ratio of 2.46 and a debt-to-equity ratio of 0.37. The business has a 50-day simple moving average of GBX 346.05 and a 200-day simple moving average of GBX 378.72.

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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