Rose Petroleum plc (ROSE.L) (LON:ROSE) Hits New 52-Week High – Still a Buy?

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 860 ($10.82) and last traded at GBX 860 ($10.82), with a volume of 3010 shares traded. The stock had previously closed at GBX 840 ($10.57).

Rose Petroleum plc (ROSE.L) Stock Up 2.4 %

The stock has a market cap of £2.47 billion and a P/E ratio of -1,433.33. The firm has a 50 day simple moving average of GBX 808.84 and a 200-day simple moving average of GBX 424.39. The company has a quick ratio of 2.29, a current ratio of 2.46 and a debt-to-equity ratio of 0.37.

About Rose Petroleum plc (ROSE.L)

(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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