Phoenix Global Resources (LON:PGR) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

by · The Markets Daily

Phoenix Global Resources plc (LON:PGR – Get Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 6.50 ($0.08) and traded as low as GBX 5 ($0.06). Phoenix Global Resources shares last traded at GBX 6.50 ($0.08), with a volume of 52,946 shares.

Phoenix Global Resources Trading Up 4.0 %

The business’s 50 day simple moving average is GBX 6.50 and its two-hundred day simple moving average is GBX 6.50. The stock has a market cap of £181.13 million and a P/E ratio of -8.13. The company has a quick ratio of 0.21, a current ratio of 0.28 and a debt-to-equity ratio of 38,240.11.

Phoenix Global Resources Company Profile

(Get Free Report)

Phoenix Global Resources plc engages in the exploration, development, and production of oil and gas in Argentina. It has interests in 11 operated assets and 4 non-operated assets in the Neuquén basin; two operated assets in the Cuyana basin; and three non-operated assets in the Austral basin. The company is based in London, the United Kingdom.

See Also