Canadian Overseas Petroleum (LON:COPL) Shares Cross Below Fifty Day Moving Average – What’s Next?

Canadian Overseas Petroleum Limited (LON:COPL) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 0.06 ($0.00) and traded as low as GBX 0.06 ($0.00). Canadian Overseas Petroleum shares last traded at GBX 0.06 ($0.00), with a volume of 0 shares changing hands.

Canadian Overseas Petroleum Stock Up 5.5 %

The company has a debt-to-equity ratio of 243.85, a quick ratio of 0.43 and a current ratio of 0.19. The company has a market capitalization of £2.13 million, a price-to-earnings ratio of -0.39 and a beta of -0.61. The stock’s fifty day simple moving average is GBX 0.06 and its two-hundred day simple moving average is GBX 0.06.

About Canadian Overseas Petroleum

Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas reserves in the United States, Canada, the United Kingdom, Bermuda, and sub-Saharan Africa. Its Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from an adjacent wind farm to power production facilities.