Arrow Exploration (LON:AXL) Shares Down 6.7% – Should You Sell?

Shares of Arrow Exploration Corp. (LON:AXLGet Free Report) were down 6.7% during mid-day trading on Tuesday . The company traded as low as GBX 22.18 ($0.28) and last traded at GBX 22.30 ($0.28). Approximately 982,454 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 1,427,134 shares. The stock had previously closed at GBX 23.90 ($0.30).

Arrow Exploration Trading Down 6.7 %

The company has a market capitalization of £63.75 million, a P/E ratio of 676.67 and a beta of 1.51. The stock’s 50 day moving average is GBX 26.30 and its 200-day moving average is GBX 26.41. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.50 and a quick ratio of 1.65.

Arrow Exploration Company Profile

(Get Free Report)

Arrow Exploration Corp., a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. The company is headquartered in Calgary, Canada.

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