Canadian Overseas Petroleum (LON:COPL) Stock Passes Below 200-Day Moving Average – Should You Sell?

Canadian Overseas Petroleum Limited (LON:COPL)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.06 ($0.00) and traded as low as GBX 0.06 ($0.00). Canadian Overseas Petroleum shares last traded at GBX 0.06 ($0.00), with a volume of 0 shares.

Canadian Overseas Petroleum Price Performance

The company has a debt-to-equity ratio of 243.85, a current ratio of 0.19 and a quick ratio of 0.43. The stock has a market capitalization of £2.13 million, a P/E ratio of -0.39 and a beta of -0.61. The company’s 50 day simple moving average is GBX 0.06 and its two-hundred day simple moving average is GBX 0.06.

About Canadian Overseas Petroleum

Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas reserves in the United States, Canada, the United Kingdom, Bermuda, and sub-Saharan Africa. Its Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from an adjacent wind farm to power production facilities.