Amerisur Resources (LON:AMER) Stock Crosses Below 200-Day Moving Average – Here’s Why

Amerisur Resources plc (LON:AMERGet Free Report) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 19.18 ($0.24) and traded as low as GBX 19.18 ($0.24). Amerisur Resources shares last traded at GBX 19.18 ($0.24), with a volume of 4,817,237 shares trading hands.

Amerisur Resources Price Performance

The company has a debt-to-equity ratio of 8.67, a current ratio of 1.99 and a quick ratio of 1.90. The stock has a market capitalization of £241.31 million and a price-to-earnings ratio of -47.95. The stock’s 50 day simple moving average is GBX 19.18 and its 200-day simple moving average is GBX 19.18.

About Amerisur Resources

(Get Free Report)

Amerisur Resources plc engages in exploration and production of oil and gas assets in Colombia and Paraguay. It has assets around the OBA pipeline and also across the wider Putumayo region, with 11 blocks in total covering 984,000 hectares gross. Amerisur Resources Plc was incorporated in 2000 and is based in Cardiff, the United Kingdom.

Further Reading

Receive News & Ratings for Amerisur Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerisur Resources and related companies with MarketBeat.com's FREE daily email newsletter.