President Energy (LON:PPC) Stock Passes Below 200 Day Moving Average – Time to Sell?

by · The Cerbat Gem

President Energy Plc (LON:PPC – Get Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 155 ($2.02) and traded as low as GBX 150 ($1.96). President Energy shares last traded at GBX 155 ($2.02), with a volume of 16,138 shares traded.

President Energy Price Performance

The company has a fifty day simple moving average of GBX 155 and a 200 day simple moving average of GBX 155. The stock has a market capitalization of £15.95 million and a price-to-earnings ratio of 156.57. The company has a debt-to-equity ratio of 51.13, a quick ratio of 0.31 and a current ratio of 0.35.

About President Energy

(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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