Phoenix Global Resources (LON:PGR) Shares Cross Below 200-Day Moving Average of $6.50

Shares of Phoenix Global Resources plc (LON:PGR) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 6.50 ($0.08) and traded as low as GBX 5 ($0.06). Phoenix Global Resources shares last traded at GBX 6.50 ($0.08), with a volume of 52,946 shares traded.

Phoenix Global Resources Price Performance

The stock has a 50 day moving average price of GBX 6.50 and a 200 day moving average price of GBX 6.50. The company has a debt-to-equity ratio of 38,240.11, a quick ratio of 0.21 and a current ratio of 0.28. The company has a market capitalization of £181.13 million and a P/E ratio of -8.13.

About Phoenix Global Resources

Phoenix Global Resources plc engages in the exploration, development, and production of oil and gas in Argentina. It has interests in 11 operated assets and 4 non-operated assets in the Neuquén basin; two operated assets in the Cuyana basin; and three non-operated assets in the Austral basin. The company is based in London, the United Kingdom.