Trinity Exploration & Production (LON:TRIN) Shares Pass Below Two Hundred Day Moving Average of $54.89

Trinity Exploration & Production plc (LON:TRIN)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 54.89 ($0.69) and traded as low as GBX 39.20 ($0.50). Trinity Exploration & Production shares last traded at GBX 39.80 ($0.50), with a volume of 38,335 shares.

Trinity Exploration & Production Stock Performance

The company has a market cap of £15.52 million, a price-to-earnings ratio of 1,326.70 and a beta of 0.84. The company has a quick ratio of 1.34, a current ratio of 1.70 and a debt-to-equity ratio of 4.66. The company’s 50-day moving average is GBX 42.80 and its 200 day moving average is GBX 54.89.

About Trinity Exploration & Production

Trinity Exploration & Production plc, an independent oil company, engages in the exploration, development, production, and sale of crude oil in Trinidad & Tobago. The company operates a portfolio of producing, development, and exploration assets onshore and offshore in the shallow waters off the west and east coasts of Trinidad.