Clontarf Energy (LON:CLON) Stock Price Crosses Above 50-Day Moving Average – Here’s Why

Shares of Clontarf Energy plc (LON:CLONGet Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 0.02 and traded as high as GBX 0.03. Clontarf Energy shares last traded at GBX 0.03, with a volume of 83,870,875 shares traded.

Clontarf Energy Stock Up 8.0%

The company has a market capitalization of £2.21 million, a PE ratio of -9.00 and a beta of -0.02. The company’s 50 day moving average is GBX 0.02 and its two-hundred day moving average is GBX 0.03.

Clontarf Energy Company Profile

(Get Free Report)

Clontarf Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves and other related activities. It holds 60% interest in the Tano 2A Block covering an area of 1,532 square kilometers located in Ghana. The company also focuses on exploring and developing Bolivian salt-lakes. In addition, it focuses on liquefied natural gas reserves located in Western Australia. The company was incorporated in 2003 and is headquartered in Dublin, Ireland.

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