Providence Resources (LON:PVR) Shares Pass Above 200 Day Moving Average – Should You Sell?

Providence Resources P.l.c. (LON:PVRGet Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 3.25 ($0.04) and traded as high as GBX 3.25 ($0.04). Providence Resources shares last traded at GBX 3.25 ($0.04), with a volume of 1,470,563 shares trading hands.

Providence Resources Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.54 and a current ratio of 1.54. The company has a 50 day moving average price of GBX 3.25 and a 200 day moving average price of GBX 3.25. The company has a market capitalization of £34.84 million and a price-to-earnings ratio of -3.19.

About Providence Resources

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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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