Phoenix Global Resources (LON:PGR) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Phoenix Global Resources plc (LON:PGRGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 6.50 ($0.08) and traded as high as GBX 7 ($0.09). Phoenix Global Resources shares last traded at GBX 6.50 ($0.08), with a volume of 52,946 shares changing hands.

Phoenix Global Resources Price Performance

The stock has a market cap of £181.13 million and a P/E ratio of -8.13. The company has a quick ratio of 0.21, a current ratio of 0.28 and a debt-to-equity ratio of 38,240.11. The business’s 50-day simple moving average is GBX 6.50 and its two-hundred day simple moving average is GBX 6.50.

About Phoenix Global Resources

(Get Free Report)

Phoenix Global Resources plc engages in the exploration, development, and production of oil and gas in Argentina. It has interests in 11 operated assets and 4 non-operated assets in the Neuquén basin; two operated assets in the Cuyana basin; and three non-operated assets in the Austral basin. The company is based in London, the United Kingdom.

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