Amerisur Resources (LON:AMER) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Amerisur Resources plc (LON:AMERGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 19.18 ($0.25) and traded as high as GBX 19.18 ($0.25). Amerisur Resources shares last traded at GBX 19.18 ($0.25), with a volume of 4,817,237 shares changing hands.

Amerisur Resources Price Performance

The company has a debt-to-equity ratio of 8.67, a current ratio of 1.99 and a quick ratio of 1.90. The firm has a market cap of £241.31 million and a price-to-earnings ratio of -47.95. The firm has a 50 day moving average price of GBX 19.18 and a 200-day moving average price of GBX 19.18.

About Amerisur Resources

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Amerisur Resources plc engages in exploration and production of oil and gas assets in Colombia and Paraguay. It has assets around the OBA pipeline and also across the wider Putumayo region, with 11 blocks in total covering 984,000 hectares gross. Amerisur Resources Plc was incorporated in 2000 and is based in Cardiff, the United Kingdom.

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