Zoltav Resources (LON:ZOL) Stock Price Passes Below 50-Day Moving Average of $10.50

Zoltav Resources Inc. (LON:ZOLGet Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 10.50 ($0.13) and traded as low as GBX 5 ($0.06). Zoltav Resources shares last traded at GBX 10.50 ($0.13), with a volume of 8,000 shares trading hands.

Zoltav Resources Price Performance

The stock has a market capitalization of £14.91 million and a price-to-earnings ratio of -2.10. The firm’s fifty day moving average is GBX 10.50 and its 200-day moving average is GBX 10.50. The company has a debt-to-equity ratio of 114.58, a current ratio of 0.10 and a quick ratio of 0.07.

Zoltav Resources Company Profile

(Get Free Report)

Zoltav Resources Inc engages in the acquisition, exploration, development, and production of hydrocarbons in Russia. The company holds interests in the Bortovoy license covering an area of 3,215 square kilometers with proved plus probable reserves of 750 billion cubic feet of gas, and 3.9 million barrels of oil and condensate located in the Saratov region of south western Russia.

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