Amerisur Resources (LON:AMER) Stock Crosses Below Two Hundred Day Moving Average of $14.87

Amerisur Resources plc (LON:AMER) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $14.87 and traded as low as $17.18. Amerisur Resources shares last traded at $17.40, with a volume of 2,598,532 shares.

Several research firms recently issued reports on AMER. Peel Hunt reissued an “add” rating on shares of Amerisur Resources in a research note on Thursday. Royal Bank of Canada reissued a “sector performer” rating on shares of Amerisur Resources in a research note on Thursday.

The company has a 50 day moving average of GBX 17.86 and a 200-day moving average of GBX 14.87. The stock has a market cap of $206.08 million and a price-to-earnings ratio of 169.55.

Amerisur Resources Company Profile (LON:AMER)

Amerisur Resources plc engages in exploration and production of oil and gas assets in Colombia and Paraguay. It has assets around the OBA pipeline and also across the wider Putumayo region, with 11 blocks in total covering 984,000 hectares gross. Amerisur Resources Plc was incorporated in 2000 and is based in Cardiff, the United Kingdom.

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