Aminex (LON:AEX) Shares Cross Below 200 Day Moving Average – What’s Next?

Aminex PLC (LON:AEX)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1.35 ($0.02) and traded as low as GBX 1.05 ($0.01). Aminex shares last traded at GBX 1.05 ($0.01), with a volume of 4,648,302 shares trading hands.

Aminex Stock Performance

The company has a debt-to-equity ratio of 1.37, a current ratio of 0.65 and a quick ratio of 0.86. The stock has a market cap of £48.74 million, a P/E ratio of -5.38 and a beta of -0.03. The stock has a 50-day simple moving average of GBX 1.11 and a 200-day simple moving average of GBX 1.35.

About Aminex

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania.