Range Resources (LON:RRL) Trading 7.7% Higher

Range Resources Ltd (LON:RRL)’s share price traded up 7.7% during mid-day trading on Tuesday . The company traded as high as GBX 4 ($0.05) and last traded at GBX 3.50 ($0.05), 25,086 shares changed hands during trading. A decline of 99% from the average session volume of 4,480,000 shares. The stock had previously closed at GBX 3.25 ($0.04).

The firm’s fifty day simple moving average is GBX 0.03 and its 200 day simple moving average is GBX 0.03. The stock has a market capitalization of $412.32 million and a P/E ratio of -7.00. The company has a debt-to-equity ratio of 1,052.15, a quick ratio of 0.02 and a current ratio of 1.39.

Range Resources Company Profile (LON:RRL)

Range Resources Limited engages in the exploration, development, and production of oil and gas in Trinidad and Indonesia. It holds 100% interests in three onshore production licenses, including Morne Diablo, South Quarry, and Beach Marcelle; and 80% interest in the St Mary's exploration block. The company was incorporated in 1982 and is based in Perth, Australia.

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