Trinity Exploration & Production (LON:TRIN) Stock Crosses Below 200-Day Moving Average of $43.47

Trinity Exploration & Production plc (LON:TRIN)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 43.47 ($0.55) and traded as low as GBX 42 ($0.53). Trinity Exploration & Production shares last traded at GBX 44.50 ($0.56), with a volume of 89,004 shares traded.

Trinity Exploration & Production Price Performance

The business has a 50 day moving average of GBX 45.98 and a 200-day moving average of GBX 43.48. The stock has a market cap of £17.27 million, a PE ratio of -314.36 and a beta of 0.87. The company has a current ratio of 1.70, a quick ratio of 1.34 and a debt-to-equity ratio of 4.66.

Trinity Exploration & Production Company Profile

Trinity Exploration & Production plc, an independent oil company, engages in the exploration, development, production, and sale of crude oil in Trinidad & Tobago. The company operates a portfolio of producing, development, and exploration assets onshore and offshore in the shallow waters off the west and east coasts of Trinidad.