Sirius Petroleum (LON:SRSP) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Sirius Petroleum Plc (LON:SRSPGet Free Report)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.40 ($0.01) and traded as low as GBX 0.40 ($0.01). Sirius Petroleum shares last traded at GBX 0.40 ($0.01), with a volume of 0 shares.

Sirius Petroleum Stock Performance

The business’s 50-day moving average is GBX 0.40 and its two-hundred day moving average is GBX 0.40. The company has a current ratio of 0.25, a quick ratio of 0.13 and a debt-to-equity ratio of 5.85. The stock has a market capitalization of £14.71 million and a PE ratio of -4.00.

Sirius Petroleum Company Profile

(Get Free Report)

Sirius Petroleum plc, an independent oil development company, focuses on acquiring and developing offshore proven oil discoveries in Nigeria. The company is also involved in the trading of oil; and exploration of mineral resources. In addition, it provides management services. Sirius Petroleum plc was incorporated in 2004 and is based in London, the United Kingdom.

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