Providence Resources (LON:PVR) Trading Down 3.4% – What’s Next?

Providence Resources P.l.c. (LON:PVRGet Free Report) dropped 3.4% during trading on Thursday . The stock traded as low as GBX 3.10 ($0.04) and last traded at GBX 3.25 ($0.04). Approximately 1,470,563 shares were traded during trading, a decline of 8% from the average daily volume of 1,596,598 shares. The stock had previously closed at GBX 3.36 ($0.04).

Providence Resources Price Performance

The stock’s 50 day simple moving average is GBX 3.25 and its 200-day simple moving average is GBX 3.25. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.54 and a current ratio of 1.54. The firm has a market cap of £34.84 million and a price-to-earnings ratio of -3.19.

Providence Resources Company Profile

(Get Free Report)

Providence Resources P.l.c. operates as an oil and gas exploration company in Ireland. Its principal project is the Barryroe project located in the North Celtic Sea Basin. The company was founded in 1981 and is headquartered in Dublin, Ireland.

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