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

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) shares crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 706.43 ($9.16) and traded as high as GBX 799 ($10.36). Rose Petroleum plc (ROSE.L) shares last traded at GBX 793 ($10.28), with a volume of 6,442 shares traded.

Rose Petroleum plc (ROSE.L) Price Performance

The company has a 50-day moving average of GBX 706.43 and a 200-day moving average of GBX 256.46. The stock has a market capitalization of £2.27 billion and a price-to-earnings ratio of -1,321.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.29 and a current ratio of 2.46.

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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