Ophir Energy (LON:OPHR) Shares Pass Above 200-Day Moving Average – Time to Sell?

Ophir Energy Plc (LON:OPHRGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 57.50 ($0.75) and traded as high as GBX 57.50 ($0.75). Ophir Energy shares last traded at GBX 57.50 ($0.75), with a volume of 3,227,394 shares.

Ophir Energy Trading Up 1.6 %

The company has a quick ratio of 1.41, a current ratio of 1.59 and a debt-to-equity ratio of 50.65. The company has a market capitalization of £407.41 million and a PE ratio of -0.52. The stock’s fifty day moving average price is GBX 57.50 and its two-hundred day moving average price is GBX 57.50.

About Ophir Energy

(Get Free Report)

Ophir Energy plc engages in the exploration, development, and production of upstream oil and gas properties in Asia and Africa. The company develops offshore and deep-water oil and gas exploration assets. It has 1 billion barrel of oil equivalent of reserves and resources. Ophir Energy plc was founded in 2004 and is headquartered in London, the United Kingdom.

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