Rose Petroleum plc (ROSE.L) (LON:ROSE) Stock Crosses Above Fifty Day Moving Average – Time to Sell?

Rose Petroleum plc (ROSE.L) (LON:ROSE)’s stock price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 710.43 ($9.14) and traded as high as GBX 848.25 ($10.92). Rose Petroleum plc (ROSE.L) shares last traded at GBX 830 ($10.68), with a volume of 5,989 shares trading hands.

Rose Petroleum plc (ROSE.L) Trading Up 0.9 %

The stock has a market cap of £2.38 billion and a P/E ratio of -1,383.33. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.46 and a quick ratio of 2.29. The firm’s 50 day moving average price is GBX 710.43 and its 200-day moving average price is GBX 280.60.

About Rose Petroleum plc (ROSE.L)

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.