Capricorn Energy (OTCMKTS:CRNCY) Stock Passes Below 50 Day Moving Average – Here’s Why

Capricorn Energy PLC (OTCMKTS:CRNCYGet Free Report)’s share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $6.19 and traded as low as $5.68. Capricorn Energy shares last traded at $5.92, with a volume of 388 shares.

Capricorn Energy Price Performance

The company has a debt-to-equity ratio of 0.29, a current ratio of 2.56 and a quick ratio of 2.49. The stock’s fifty day simple moving average is $6.19 and its two-hundred day simple moving average is $6.71.

About Capricorn Energy

(Get Free Report)

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas worldwide. It holds a portfolio of exploration, development, and production assets in Mexico and Egypt. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.

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