Phoenix Global Resources (LON:PGR) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Phoenix Global Resources plc (LON:PGRGet Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 6.50 ($0.08) and traded as high as GBX 7 ($0.09). Phoenix Global Resources shares last traded at GBX 6.50 ($0.08), with a volume of 52,946 shares trading hands.

Phoenix Global Resources Trading Up 4.0 %

The firm’s 50 day moving average is GBX 6.50 and its 200 day moving average is GBX 6.50. The company has a debt-to-equity ratio of 38,240.11, a current ratio of 0.28 and a quick ratio of 0.21. The company has a market cap of £181.13 million and a PE ratio of -8.13.

About Phoenix Global Resources

(Get Free Report)

Phoenix Global Resources plc engages in the exploration, development, and production of oil and gas in Argentina. It has interests in 11 operated assets and 4 non-operated assets in the Neuquén basin; two operated assets in the Cuyana basin; and three non-operated assets in the Austral basin. The company is based in London, the United Kingdom.

Featured Articles

Receive News & Ratings for Phoenix Global Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Phoenix Global Resources and related companies with MarketBeat.com's FREE daily email newsletter.