Canadian Overseas Petroleum (LON:COPL) Shares Cross Below 200 Day Moving Average – What’s Next?

Shares of Canadian Overseas Petroleum Limited (LON:COPLGet Free Report) crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.06 ($0.00) and traded as low as GBX 0.06 ($0.00). Canadian Overseas Petroleum shares last traded at GBX 0.06 ($0.00), with a volume of 0 shares traded.

Canadian Overseas Petroleum Stock Performance

The company has a debt-to-equity ratio of 243.85, a quick ratio of 0.43 and a current ratio of 0.19. The firm has a market cap of £2.13 million, a P/E ratio of -0.39 and a beta of -0.61. The company’s 50 day moving average is GBX 0.06 and its 200 day moving average is GBX 0.06.

About Canadian Overseas Petroleum

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Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas reserves in the United States, Canada, the United Kingdom, Bermuda, and sub-Saharan Africa. Its Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from an adjacent wind farm to power production facilities.

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