Bowleven (LON:BLVN) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Bowleven plc (LON:BLVNGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.21 ($0.00) and traded as high as GBX 0.28 ($0.00). Bowleven shares last traded at GBX 0.28 ($0.00), with a volume of 9,586,457 shares traded.

Bowleven Price Performance

The company has a current ratio of 5.74, a quick ratio of 8.06 and a debt-to-equity ratio of 0.01. The stock has a market cap of £5.20 million, a P/E ratio of -16.50, a PEG ratio of -0.02 and a beta of 0.53. The firm has a 50-day simple moving average of GBX 0.25 and a two-hundred day simple moving average of GBX 0.21.

About Bowleven

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Bowleven plc engages in the exploration and appraisal of oil and gas properties in West Africa. It holds a 25% interest in the shallow water offshore Etinde permit that covers an area of approximately 461 square kilometers located in Cameroon. The company was incorporated in 2001 and is headquartered in London, the United Kingdom.

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