Capricorn Energy (OTCMKTS:CRNCY) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Shares of Capricorn Energy PLC Unsponsored ADR (OTCMKTS:CRNCYGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $5.36 and traded as high as $7.03. Capricorn Energy shares last traded at $7.03, with a volume of 350 shares trading hands.

Capricorn Energy Price Performance

The firm has a 50 day moving average price of $5.36 and a 200-day moving average price of $5.57. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.42 and a quick ratio of 2.35.

About Capricorn Energy

(Get Free Report)

Capricorn Energy is an independent oil and gas exploration and production company with a primary focus on upstream activities. The company engages in the exploration, development, and production of hydrocarbon resources, targeting both conventional and emerging plays. Its operations span various stages of the upstream lifecycle, from seismic acquisition and well drilling to production optimization and field extension projects.

Capricorn Energy’s asset portfolio is geographically diverse, with producing and development-stage interests across Africa and the Middle East.

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