Rose Petroleum plc (ROSE.L) (LON:ROSE) Reaches New 12-Month High – Still a Buy?

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 860 ($10.78) and last traded at GBX 860 ($10.78), with a volume of 3010 shares changing hands. The stock had previously closed at GBX 840 ($10.53).

Rose Petroleum plc (ROSE.L) Trading Up 2.4 %

The company’s 50-day moving average is GBX 804.48 and its 200-day moving average is GBX 416.84. 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 stock has a market capitalization of £2.47 billion and a price-to-earnings ratio of -1,433.33.

About Rose Petroleum plc (ROSE.L)

(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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