Range Resources (LON:RRL) Stock Passes Below 200 Day Moving Average – Here’s What Happened

Range Resources Ltd (LON:RRLGet Free Report) crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred 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 Price Performance

The firm’s fifty day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.04. The stock has a market cap of £675,850.02 and a P/E ratio of 0.00. 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.

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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