Sterling Energy (LON:SEY) Stock Price Passes Above Fifty Day Moving Average of $16.50

Sterling Energy plc (LON:SEYGet Free Report)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 16.50 ($0.21) and traded as high as GBX 17 ($0.22). Sterling Energy shares last traded at GBX 16.50 ($0.21), with a volume of 545,820 shares trading hands.

Sterling Energy Stock Performance

The stock has a market cap of £36.31 million and a price-to-earnings ratio of -27.50. The company has a debt-to-equity ratio of 1.23, a quick ratio of 159.29 and a current ratio of 159.29. The company’s 50 day simple moving average is GBX 16.50 and its two-hundred day simple moving average is GBX 16.50.

Sterling Energy Company Profile

(Get Free Report)

Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.

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