Capricorn Energy (OTCMKTS:CRNCY) Stock Price Crosses Below Fifty Day Moving Average – Time to Sell?

Capricorn Energy PLC Unsponsored ADR (OTCMKTS:CRNCYGet Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $5.20 and traded as low as $4.70. Capricorn Energy shares last traded at $4.70, with a volume of 103 shares trading hands.

Capricorn Energy Stock Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.35 and a current ratio of 2.42. The business has a 50-day moving average of $5.19 and a two-hundred day moving average of $5.73.

Capricorn Energy Company Profile

(Get Free Report)

Capricorn Energy is an independent oil and gas exploration and production company with a primary focus on upstream activities. The company engages in the exploration, development, and production of hydrocarbon resources, targeting both conventional and emerging plays. Its operations span various stages of the upstream lifecycle, from seismic acquisition and well drilling to production optimization and field extension projects.

Capricorn Energy’s asset portfolio is geographically diverse, with producing and development-stage interests across Africa and the Middle East.

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