Baron Oil (LON:BOIL) Shares Cross Below 200-Day Moving Average – Here’s What Happened

Baron Oil Plc (LON:BOILGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.08 ($0.00) and traded as low as GBX 0.08 ($0.00). Baron Oil shares last traded at GBX 0.08 ($0.00), with a volume of 166,329,031 shares trading hands.

Baron Oil Stock Performance

The stock has a market cap of £21.17 million, a P/E ratio of -0.87 and a beta of 0.51. The company has a debt-to-equity ratio of 0.26, a current ratio of 39.47 and a quick ratio of 3.21. The stock has a 50-day simple moving average of GBX 0.08 and a 200-day simple moving average of GBX 0.08.

Baron Oil Company Profile

(Get Free Report)

Baron Oil Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves, and other related activities in South America, South East Asia, and the United Kingdom. The company holds 75% interest in Timor-Leste TL-SO-19-16 PSC offshore license located in Southeast Asia.

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