President Energy (LON:PPC) Stock Crosses Above Two Hundred Day Moving Average of $155.00

President Energy Plc (LON:PPCGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 155 ($1.91) and traded as high as GBX 161 ($1.99). President Energy shares last traded at GBX 155 ($1.91), with a volume of 16,138 shares changing hands.

President Energy Stock Performance

The company’s 50-day moving average price is GBX 155 and its 200-day moving average price is GBX 155. The firm has a market cap of £15.95 million and a price-to-earnings ratio of 156.57. The company has a quick ratio of 0.31, a current ratio of 0.35 and a debt-to-equity ratio of 51.13.

About President Energy

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President Energy Plc, together with its subsidiaries, engages in the exploration, evaluation, development, and production of oil and gas properties primarily in South America. The company holds exploration assets in Paraguay, Argentina, and the United States. It is also involved in the exploration, production, and sale of hydrocarbons and related activities.

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