Baron Oil (LON:BOIL) Shares Pass Below 200-Day Moving Average – Should You Sell?

Baron Oil Plc (LON:BOILGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.08 ($0.00) and traded as low as GBX 0.08 ($0.00). Baron Oil shares last traded at GBX 0.08 ($0.00), with a volume of 166,329,031 shares.

Baron Oil Price Performance

The stock has a fifty day moving average of GBX 0.08 and a 200 day moving average of GBX 0.08. The stock has a market cap of £21.17 million, a price-to-earnings ratio of -0.87 and a beta of 0.51. The company has a debt-to-equity ratio of 0.26, a current ratio of 39.47 and a quick ratio of 3.21.

About Baron Oil

(Get Free Report)

Baron Oil Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves, and other related activities in South America, South East Asia, and the United Kingdom. The company holds 75% interest in Timor-Leste TL-SO-19-16 PSC offshore license located in Southeast Asia.

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