President Energy (LON:PPC) Share Price Passes Below Two Hundred Day Moving Average of $155.00

President Energy Plc (LON:PPCGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 155 ($1.97) and traded as low as GBX 150 ($1.91). President Energy shares last traded at GBX 155 ($1.97), with a volume of 16,138 shares.

President Energy Price Performance

The firm has a market capitalization of £15.95 million and a price-to-earnings ratio of 156.57. The company’s fifty day moving average price is GBX 155 and its 200 day moving average price is GBX 155. The company has a debt-to-equity ratio of 51.13, a quick ratio of 0.31 and a current ratio of 0.35.

About President Energy

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President Energy Plc, together with its subsidiaries, engages in the exploration, evaluation, development, and production of oil and gas properties primarily in South America. The company holds exploration assets in Paraguay, Argentina, and the United States. It is also involved in the exploration, production, and sale of hydrocarbons and related activities.

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