Bowleven (LON:BLVN) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Bowleven plc (LON:BLVNGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.23 ($0.00) and traded as high as GBX 0.28 ($0.00). Bowleven shares last traded at GBX 0.28 ($0.00), with a volume of 9,586,457 shares.

Bowleven Stock Up 10.0 %

The company has a market capitalization of £5.20 million, a P/E ratio of -16.50, a price-to-earnings-growth ratio of -0.02 and a beta of 0.53. The company has a current ratio of 5.74, a quick ratio of 8.06 and a debt-to-equity ratio of 0.01. The stock’s fifty day moving average is GBX 0.28 and its 200 day moving average is GBX 0.23.

Bowleven Company Profile

(Get Free Report)

Bowleven plc engages in the exploration and appraisal of oil and gas properties in West Africa. It holds a 25% interest in the shallow water offshore Etinde permit that covers an area of approximately 461 square kilometers located in Cameroon. The company was incorporated in 2001 and is headquartered in London, the United Kingdom.

Further Reading

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