President Energy (LON:PPC) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

President Energy Plc (LON:PPCGet Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 155 ($1.95) and traded as low as GBX 150 ($1.89). President Energy shares last traded at GBX 155 ($1.95), with a volume of 16,138 shares.

President Energy Price Performance

The firm has a market capitalization of £15.95 million and a price-to-earnings ratio of 156.57. The company has a quick ratio of 0.31, a current ratio of 0.35 and a debt-to-equity ratio of 51.13. The company’s fifty day moving average is GBX 155 and its two-hundred day moving average is GBX 155.

President Energy Company Profile

(Get Free Report)

President Energy Plc, together with its subsidiaries, engages in the exploration, evaluation, development, and production of oil and gas properties primarily in South America. The company holds exploration assets in Paraguay, Argentina, and the United States. It is also involved in the exploration, production, and sale of hydrocarbons and related activities.

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