Amerisur Resources (LON:AMER) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Amerisur Resources plc (LON:AMERGet Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 19.18 ($0.25) and traded as high as GBX 19.18 ($0.25). Amerisur Resources shares last traded at GBX 19.18 ($0.25), with a volume of 4,817,237 shares traded.

Amerisur Resources Trading Up 2,762.7 %

The firm has a 50-day moving average of GBX 19.18 and a two-hundred day moving average of GBX 19.18. The firm has a market capitalization of £241.31 million and a P/E ratio of -47.95. The company has a current ratio of 1.99, a quick ratio of 1.90 and a debt-to-equity ratio of 8.67.

Amerisur Resources Company Profile

(Get Free Report)

Amerisur Resources plc engages in exploration and production of oil and gas assets in Colombia and Paraguay. It has assets around the OBA pipeline and also across the wider Putumayo region, with 11 blocks in total covering 984,000 hectares gross. Amerisur Resources Plc was incorporated in 2000 and is based in Cardiff, the United Kingdom.

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