Pantheon Resources (LON:PANR) Stock Crosses Above 200-Day Moving Average of $26.62

Pantheon Resources Plc (LON:PANR) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 26.62 ($0.33) and traded as high as GBX 32.80 ($0.41). Pantheon Resources shares last traded at GBX 31.80 ($0.40), with a volume of 1,167,367 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 90 ($1.13) target price on shares of Pantheon Resources in a report on Wednesday, May 1st.

Pantheon Resources Trading Down 2.5 %

The firm has a market cap of £292.71 million, a price-to-earnings ratio of -3,180.00 and a beta of -0.24. The company has a quick ratio of 20.28, a current ratio of 0.58 and a debt-to-equity ratio of 8.69. The business has a 50 day moving average price of GBX 30.91 and a 200-day moving average price of GBX 26.62.

About Pantheon Resources

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. Its primary assets are the Alkaid project that covers that covers 40,000 acres located in Alaska; and the Kodiak project covering an area of approximately 124,000 acres located in Alaska.