Range Resources (LON:RRL) Stock Price Crosses Below 200 Day Moving Average – Time to Sell?

Range Resources Ltd (LON:RRLGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.04 ($0.00) and traded as low as GBX 0.03 ($0.00). Range Resources shares last traded at GBX 0.04 ($0.00), with a volume of 1,608,636 shares traded.

Range Resources Price Performance

The company has a current ratio of 1.07, a quick ratio of 0.75 and a debt-to-equity ratio of 1,052.15. The company has a market capitalization of £676,000.00 and a price-to-earnings ratio of 0.00. The firm’s 50-day moving average price is GBX 0.03 and its 200 day moving average price is GBX 0.04.

About Range Resources

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Range Resources Limited engages in the exploration, development, and production of oil and gas in Trinidad and Indonesia. It holds 100% interests in three onshore production licenses, including Morne Diablo, South Quarry, and Beach Marcelle; and 80% interest in the St Mary's exploration block. The company was incorporated in 1982 and is based in Perth, Australia.

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