Range Resources (LON:RRL) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Range Resources Ltd (LON:RRLGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.04 ($0.00) and traded as low as GBX 0.03 ($0.00). Range Resources shares last traded at GBX 0.04 ($0.00), with a volume of 1,608,636 shares trading hands.

Range Resources Stock Performance

The company has a quick ratio of 0.75, a current ratio of 1.07 and a debt-to-equity ratio of 1,052.15. The company has a market cap of £676,000.00 and a price-to-earnings ratio of 0.00. The firm has a 50 day moving average price of GBX 0.03 and a two-hundred day moving average price of GBX 0.04.

About Range Resources

(Get Free Report)

Range Resources Limited engages in the exploration, development, and production of oil and gas in Trinidad and Indonesia. It holds 100% interests in three onshore production licenses, including Morne Diablo, South Quarry, and Beach Marcelle; and 80% interest in the St Mary's exploration block. The company was incorporated in 1982 and is based in Perth, Australia.

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