Zoltav Resources (LON:ZOL) Shares Pass Above Fifty Day Moving Average of $10.50

Zoltav Resources Inc. (LON:ZOL) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 10.50 ($0.13) and traded as high as GBX 10.50 ($0.13). Zoltav Resources shares last traded at GBX 10.50 ($0.13), with a volume of 8,000 shares.

Zoltav Resources Price Performance

The company has a 50 day moving average of GBX 10.50 and a 200 day moving average of GBX 10.50. The company has a debt-to-equity ratio of 114.58, a quick ratio of 0.07 and a current ratio of 0.10. The stock has a market capitalization of £14.91 million and a price-to-earnings ratio of -2.10.

Zoltav Resources Company Profile

Zoltav Resources Inc engages in the acquisition, exploration, development, and production of hydrocarbons in Russia. The company holds interests in the Bortovoy license covering an area of 3,215 square kilometers with proved plus probable reserves of 750 billion cubic feet of gas, and 3.9 million barrels of oil and condensate located in the Saratov region of south western Russia.