Rose Petroleum plc (ROSE.L) (LON:ROSE) Stock Crosses Above 50 Day Moving Average – Here’s Why

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 840.82 ($10.23) and traded as high as GBX 874 ($10.63). Rose Petroleum plc (ROSE.L) shares last traded at GBX 873.75 ($10.63), with a volume of 3,187 shares traded.

Rose Petroleum plc (ROSE.L) Price Performance

The company has a debt-to-equity ratio of 0.37, a current ratio of 2.46 and a quick ratio of 2.29. The company’s 50-day simple moving average is GBX 843.47 and its 200-day simple moving average is GBX 501.17. The stock has a market capitalization of £2.50 billion and a P/E ratio of -1,453.17.

Rose Petroleum plc (ROSE.L) Company Profile

(Get Free Report)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013.

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