Aminex (LON:AEX) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Shares of Aminex PLC (LON:AEXGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1.25 ($0.02) and traded as low as GBX 1.22 ($0.02). Aminex shares last traded at GBX 1.22 ($0.02), with a volume of 2,194,186 shares traded.

Aminex Trading Down 2.6 %

The company has a market capitalization of £61.73 million, a price-to-earnings ratio of -55.06 and a beta of -0.03. The company has a 50 day moving average price of GBX 1.21 and a 200 day moving average price of GBX 1.25.

About Aminex

(Get Free Report)

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania.

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