Equatorial Palm Oil plc (PAL.L) (LON:PAL) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Equatorial Palm Oil plc (PAL.L) (LON:PAL)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 20 ($0.26) and traded as low as GBX 12.50 ($0.16). Equatorial Palm Oil plc (PAL.L) shares last traded at GBX 20 ($0.26), with a volume of 4,734,357 shares.

Equatorial Palm Oil plc (PAL.L) Trading Up 33.3 %

The stock has a 50 day simple moving average of GBX 20 and a 200 day simple moving average of GBX 20. The stock has a market cap of £91.26 million and a P/E ratio of -11.76.

About Equatorial Palm Oil plc (PAL.L)

Equatorial Palm Oil plc, together with its subsidiaries, develops and produces crude palm oil in Liberia. The company was founded in 2005 and is based in London, the United Kingdom.