Exxaro Resources (OTCMKTS:EXXAY) Stock Crosses Above 200-Day Moving Average – Here’s Why

Exxaro Resources Limited (OTCMKTS:EXXAY)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $8.10 and traded as high as $8.10. Exxaro Resources shares last traded at $8.10, with a volume of 1,200 shares trading hands.

Exxaro Resources Stock Up 6.0 %

The company has a current ratio of 1.27, a quick ratio of 1.06 and a debt-to-equity ratio of 0.23. The company’s fifty day simple moving average is $8.10 and its two-hundred day simple moving average is $8.10.

About Exxaro Resources

Exxaro Resources Limited engages in coal, iron ore investment, pigment manufacturing, renewable energy, and residual base metal businesses in South Africa, Europe, the United States, and Australia. The company operates through Coal; Ferrous; Energy; and Other segments. It produces thermal coal, metallurgical coal, and semi-soft coking coal products primarily in the Waterberg and Mpumalanga regions; offers gas-atomised ferrosilicon for use in separation plants, as well as iron ore; and operates two wind farms.