Equatorial Palm Oil plc (PAL.L) (LON:PAL) Stock Price Crosses Below Two Hundred Day Moving Average – Should You Sell?

Equatorial Palm Oil plc (PAL.L) (LON:PAL) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 20 ($0.25) and traded as low as GBX 12.50 ($0.16). Equatorial Palm Oil plc (PAL.L) shares last traded at GBX 20 ($0.25), with a volume of 4,734,357 shares changing hands.

Equatorial Palm Oil plc (PAL.L) Stock Performance

The company has a market cap of £91.26 million and a P/E ratio of -11.76. The firm’s 50 day moving average price is GBX 20 and its two-hundred day moving average price is GBX 20.

Equatorial Palm Oil plc (PAL.L) Company Profile

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.