Edenville Energy (LON:EDL) Shares Pass Below 50 Day Moving Average of $0.06

Edenville Energy PLC (LON:EDL) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.06 and traded as low as $0.05. Edenville Energy shares last traded at $0.05, with a volume of 10,746,662 shares trading hands.

The stock has a market cap of $2.25 million and a price-to-earnings ratio of -0.53. The company’s 50-day moving average is GBX 0.06 and its 200-day moving average is GBX 0.06. The company has a quick ratio of 0.66, a current ratio of 0.96 and a debt-to-equity ratio of 8.64.

About Edenville Energy (LON:EDL)

Edenville Energy Plc engages in the exploration, development, and mining of energy commodities primarily coal in Africa. It principal project is the Rukwa project located in Tanzania. The company was incorporated in 2004 and is based in London, the United Kingdom.

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