Zoltav Resources (LON:ZOL) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Zoltav Resources Inc. (LON:ZOLGet Free Report)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 10.50 ($0.14) and traded as high as GBX 10.50 ($0.14). Zoltav Resources shares last traded at GBX 10.50 ($0.14), with a volume of 8,000 shares traded.

Zoltav Resources Stock Performance

The stock has a 50 day simple moving average of GBX 10.50 and a 200 day simple moving average of GBX 10.50. The stock has a market cap of £14.91 million and a P/E ratio of -2.10. The company has a current ratio of 0.10, a quick ratio of 0.07 and a debt-to-equity ratio of 114.58.

About Zoltav Resources

(Get Free Report)

Zoltav Resources Inc engages in the acquisition, exploration, development, and production of hydrocarbons in Russia. The company holds interests in the Bortovoy license covering an area of 3,215 square kilometers with proved plus probable reserves of 750 billion cubic feet of gas, and 3.9 million barrels of oil and condensate located in the Saratov region of south western Russia.

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