Phoenix Global Resources (LON:PGR) Stock Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Phoenix Global Resources plc (LON:PGRGet Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 6.50 ($0.08) and traded as low as GBX 5 ($0.06). Phoenix Global Resources shares last traded at GBX 6.50 ($0.08), with a volume of 52,946 shares trading hands.

Phoenix Global Resources Trading Up 4.0 %

The business has a 50-day simple moving average of GBX 6.50 and a two-hundred day simple moving average of GBX 6.50. The company has a debt-to-equity ratio of 38,240.11, a current ratio of 0.28 and a quick ratio of 0.21. The stock has a market cap of £181.13 million and a price-to-earnings ratio of -8.13.

Phoenix Global Resources Company Profile

(Get Free Report)

Phoenix Global Resources plc engages in the exploration, development, and production of oil and gas in Argentina. It has interests in 11 operated assets and 4 non-operated assets in the Neuquén basin; two operated assets in the Cuyana basin; and three non-operated assets in the Austral basin. The company is based in London, the United Kingdom.

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