Rose Petroleum plc (ROSE.L) (LON:ROSE) Stock Passes Above 50-Day Moving Average – Should You Sell?

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 847.73 ($10.58) and traded as high as GBX 869.90 ($10.86). Rose Petroleum plc (ROSE.L) shares last traded at GBX 863.75 ($10.78), with a volume of 18,795 shares trading hands.

Rose Petroleum plc (ROSE.L) Trading Down 1.4 %

The stock has a fifty day simple moving average of GBX 849.29 and a 200 day simple moving average of GBX 529.96. 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 firm has a market cap of £2.46 billion and a P/E ratio of -1,429.17.

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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