Sirius Petroleum (LON:SRSP) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Sirius Petroleum Plc (LON:SRSPGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 0.40 ($0.01) and traded as low as GBX 0.40 ($0.01). Sirius Petroleum shares last traded at GBX 0.40 ($0.01), with a volume of 0 shares trading hands.

Sirius Petroleum Stock Performance

The firm’s 50 day simple moving average is GBX 0.40 and its 200 day simple moving average is GBX 0.40. The firm has a market cap of £14.71 million and a PE ratio of -4.00. The company has a current ratio of 0.25, a quick ratio of 0.13 and a debt-to-equity ratio of 5.85.

Sirius Petroleum Company Profile

(Get Free Report)

Sirius Petroleum plc, an independent oil development company, focuses on acquiring and developing offshore proven oil discoveries in Nigeria. The company is also involved in the trading of oil; and exploration of mineral resources. In addition, it provides management services. Sirius Petroleum plc was incorporated in 2004 and is based in London, the United Kingdom.

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