Rose Petroleum plc (ROSE.L) (LON:ROSE) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 339.72 ($4.54) and traded as high as GBX 345 ($4.61). Rose Petroleum plc (ROSE.L) shares last traded at GBX 343 ($4.58), with a volume of 319,102 shares.

Rose Petroleum plc (ROSE.L) Trading Down 0.9%

The company has a debt-to-equity ratio of 0.37, a current ratio of 2.46 and a quick ratio of 2.29. The firm’s 50 day moving average is GBX 339.72 and its 200 day moving average is GBX 420.42. The company has a market capitalization of £1.38 billion and a PE ratio of -717.92.

Rose Petroleum plc (ROSE.L) Company Profile

(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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