Mosman Oil and Gas (LON:MSMN) Shares Pass Above 50-Day Moving Average – Time to Sell?

Shares of Mosman Oil and Gas Limited (LON:MSMNGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 0.03 ($0.00) and traded as high as GBX 0.04 ($0.00). Mosman Oil and Gas shares last traded at GBX 0.04 ($0.00), with a volume of 192,326,141 shares trading hands.

Mosman Oil and Gas Price Performance

The firm’s fifty day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.04. The company has a market cap of £7.60 million, a price-to-earnings ratio of -0.56 and a beta of 0.82.

Mosman Oil and Gas Company Profile

(Get Free Report)

Mosman Oil and Gas Limited engages in the exploration, development, and production of oil and gas properties in Australia and the United States. It holds a 100% interest in the Amadeus Basin in Central Australia; and owns interests in the Stanley, Livingston, Winters, Winters-2, Greater Stanley, Arkoma, and Cinnabar oil and gas producing assets.

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