Rose Petroleum plc (ROSE.L) (LON:ROSE) Trading 1.2% Higher – Still a Buy?

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) was up 1.2% during mid-day trading on Friday . The stock traded as high as GBX 634.90 ($8.21) and last traded at GBX 630 ($8.15). Approximately 9,200 shares traded hands during trading, an increase of 23% from the average daily volume of 7,495 shares. The stock had previously closed at GBX 622.50 ($8.05).

Rose Petroleum plc (ROSE.L) Price Performance

The company has a current ratio of 2.46, a quick ratio of 2.29 and a debt-to-equity ratio of 0.37. The firm has a market cap of £158.89 million and a P/E ratio of -1,330.26. The firm has a 50-day simple moving average of GBX 831.74 and a 200-day simple moving average of GBX 624.18.

About Rose Petroleum plc (ROSE.L)

(Get Free Report)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013.

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