MX Oil (LON:MXO) Shares Pass Above 50-Day Moving Average – Here’s What Happened

MX Oil PLC (LON:MXOGet Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.32 ($0.00) and traded as high as GBX 0.33 ($0.00). MX Oil shares last traded at GBX 0.32 ($0.00), with a volume of 27,655,588 shares changing hands.

MX Oil Stock Down 3.0 %

The business has a 50 day moving average of GBX 0.32 and a 200 day moving average of GBX 0.32. The firm has a market cap of £14.31 million and a price-to-earnings ratio of -0.01.

MX Oil Company Profile

(Get Free Report)

MX Oil plc operates as an oil and gas investment company. It invests in OML 113, an offshore license that covers an area of 835 sq km in Nigeria. The company was formerly known as Astar Minerals plc and changed its name to MX Oil plc in July 2014. MX Oil plc was incorporated in 2004 and is based in London, the United Kingdom.

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