Clontarf Energy (LON:CLON) Share Price Crosses Below 200-Day Moving Average – Here’s What Happened

Shares of Clontarf Energy plc (LON:CLON) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 0.06 ($0.00) and traded as low as GBX 0.03 ($0.00). Clontarf Energy shares last traded at GBX 0.03 ($0.00), with a volume of 10,961,626 shares trading hands.

Clontarf Energy Price Performance

The stock has a market cap of £2.41 million, a PE ratio of -13.20 and a beta of -0.02. The business has a 50 day moving average price of GBX 0.04 and a two-hundred day moving average price of GBX 0.06.

Clontarf Energy Company Profile

Clontarf Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves and other related activities. It holds 60% interest in the Tano 2A Block covering an area of 1,532 square kilometers located in Ghana. The company also focuses on exploring and developing Bolivian salt-lakes.