Range Resources (LON:RRL) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Range Resources Ltd (LON:RRL)’s stock price crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 0.04 ($0.00) and traded as low as GBX 0.03 ($0.00). Range Resources shares last traded at GBX 0.04 ($0.00), with a volume of 1,608,636 shares.

Range Resources Price Performance

The stock has a market capitalization of £675,850.02 and a PE ratio of 0.00. The company has a current ratio of 1.07, a quick ratio of 0.75 and a debt-to-equity ratio of 1,052.15. The firm has a 50 day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.04.

Range Resources Company Profile

Range Resources Limited engages in the exploration, development, and production of oil and gas in Trinidad and Indonesia. It holds 100% interests in three onshore production licenses, including Morne Diablo, South Quarry, and Beach Marcelle; and 80% interest in the St Mary's exploration block. The company was incorporated in 1982 and is based in Perth, Australia.