Baron Oil (LON:BOIL) Shares Pass Below 200 Day Moving Average – Here’s Why

Baron Oil Plc (LON:BOILGet Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.08 ($0.00) and traded as low as GBX 0.08 ($0.00). Baron Oil shares last traded at GBX 0.08 ($0.00), with a volume of 166,329,031 shares changing hands.

Baron Oil Stock Performance

The company’s fifty day simple moving average is GBX 0.08 and its two-hundred day simple moving average is GBX 0.08. The company has a market capitalization of £21.17 million, a price-to-earnings ratio of -0.87 and a beta of 0.51. The company has a quick ratio of 3.21, a current ratio of 39.47 and a debt-to-equity ratio of 0.26.

About Baron Oil

(Get Free Report)

Baron Oil Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves, and other related activities in South America, South East Asia, and the United Kingdom. The company holds 75% interest in Timor-Leste TL-SO-19-16 PSC offshore license located in Southeast Asia.

Further Reading

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