Rose Petroleum plc (ROSE.L) (LON:ROSE) Sets New 52-Week High – Time to Buy?

Rose Petroleum plc (ROSE.L) (LON:ROSEGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 840.50 ($10.94) and last traded at GBX 840.50 ($10.94), with a volume of 1398 shares. The stock had previously closed at GBX 820 ($10.67).

Rose Petroleum plc (ROSE.L) Price Performance

The company has a 50-day moving average of GBX 709.23 and a 200-day moving average of GBX 275.70. The company has a debt-to-equity ratio of 0.37, a quick ratio of 2.29 and a current ratio of 2.46. The stock has a market cap of £2.36 billion and a price-to-earnings ratio of -1,380.57.

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.

Further Reading

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