Rose Petroleum plc (ROSE.L) (LON:ROSE) Reaches New 12-Month High – Time to Buy?

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) shares reached a new 52-week high on Thursday . The company traded as high as GBX 858 ($10.90) and last traded at GBX 858 ($10.90), with a volume of 7353 shares traded. The stock had previously closed at GBX 850 ($10.80).

Rose Petroleum plc (ROSE.L) Price Performance

The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.29 and a current ratio of 2.46. The company has a market cap of £2.44 billion and a price-to-earnings ratio of -1,430.00. The stock’s fifty day moving average is GBX 748.60 and its two-hundred day moving average is GBX 357.71.

About Rose Petroleum plc (ROSE.L)

(Get Free Report)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013.

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