Rose Petroleum plc (ROSE.L) (LON:ROSE) Shares Pass Above 50-Day Moving Average – Here’s Why

Shares of Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 847.73 ($10.58) and traded as high as GBX 869.90 ($10.86). Rose Petroleum plc (ROSE.L) shares last traded at GBX 863.75 ($10.78), with a volume of 18,795 shares.

Rose Petroleum plc (ROSE.L) Trading Down 1.4 %

The company has a quick ratio of 2.29, a current ratio of 2.46 and a debt-to-equity ratio of 0.37. The firm has a market cap of £2.46 billion and a P/E ratio of -1,429.17. The firm’s fifty day moving average is GBX 849.29 and its two-hundred day moving average is GBX 529.96.

Rose Petroleum plc (ROSE.L) Company Profile

(Get Free Report)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013.

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