Providence Resources (LON:PVR) Trading Down 3.4% – Should You Sell?

Shares of Providence Resources P.l.c. (LON:PVRGet Free Report) were down 3.4% on Thursday . The stock traded as low as GBX 3.10 ($0.04) and last traded at GBX 3.25 ($0.04). Approximately 1,470,563 shares changed hands during trading, a decline of 8% from the average daily volume of 1,596,598 shares. The stock had previously closed at GBX 3.36 ($0.04).

Providence Resources Price Performance

The stock has a 50 day moving average price of GBX 3.25 and a two-hundred day moving average price of GBX 3.25. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.54 and a quick ratio of 1.54. The firm has a market capitalization of £34.84 million and a price-to-earnings ratio of -3.19.

Providence Resources Company Profile

(Get Free Report)

Providence Resources P.l.c. operates as an oil and gas exploration company in Ireland. Its principal project is the Barryroe project located in the North Celtic Sea Basin. The company was founded in 1981 and is headquartered in Dublin, Ireland.

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