Pantheon Resources (LON:PANR) Shares Cross Above 200-Day Moving Average of $54.25

Pantheon Resources Plc (LON:PANR)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 54.25 ($0.71) and traded as high as GBX 84.80 ($1.11). Pantheon Resources shares last traded at GBX 82 ($1.07), with a volume of 2,573,133 shares trading hands.

The company has a debt-to-equity ratio of 0.03, a current ratio of 4.42 and a quick ratio of 4.34. The stock has a 50-day simple moving average of GBX 74.44 and a 200-day simple moving average of GBX 54.25. The stock has a market cap of £570.89 million and a P/E ratio of -31.54.

Pantheon Resources Company Profile (LON:PANR)

Pantheon Resources Plc, through its subsidiaries, engages in the exploration and production of oil and gas in the United States. It owns 100% interests in Greater Alkaid project located in Alaska; and approximately 66,000 acres in the State of Alaska's North Slope. The company also holds interests in Tyler and Polk Counties, East Texas.

Read More: Example of operating income, EBIT and EBITDA

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