Range Resources (LON:RRL) Stock Price Passes Below 200 Day Moving Average – Here’s Why

Range Resources Ltd (LON:RRLGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . 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 changing hands.

Range Resources Stock Performance

The firm has a 50 day moving average of GBX 0.03 and a two-hundred day moving average of GBX 0.04. The stock has a market cap of £676,000.00 and a P/E ratio of 0.00. The company has a debt-to-equity ratio of 1,052.15, a quick ratio of 0.75 and a current ratio of 1.07.

Range Resources Company Profile

(Get Free Report)

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.

Further Reading

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