Equatorial Palm Oil plc (PAL.L) (LON:PAL) Stock Crosses Below 200-Day Moving Average – What’s Next?

Shares of Equatorial Palm Oil plc (PAL.L) (LON:PAL) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 20 ($0.25) and traded as low as GBX 12.50 ($0.16). Equatorial Palm Oil plc (PAL.L) shares last traded at GBX 20 ($0.25), with a volume of 4,734,357 shares.

Equatorial Palm Oil plc (PAL.L) Price Performance

The firm has a market cap of £91.26 million and a PE ratio of -11.76. The stock has a 50-day moving average price of GBX 20 and a 200 day moving average price of GBX 20.

Equatorial Palm Oil plc (PAL.L) Company Profile

Equatorial Palm Oil plc, together with its subsidiaries, develops and produces crude palm oil in Liberia. The company was founded in 2005 and is based in London, the United Kingdom.