Aminex (LON:AEX) Stock Crosses Below Two Hundred Day Moving Average – Here’s Why

Aminex PLC (LON:AEXGet Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 1.67 and traded as low as GBX 1.38. Aminex shares last traded at GBX 1.38, with a volume of 7,687,922 shares traded.

Aminex Stock Performance

The firm’s 50 day moving average price is GBX 1.59 and its two-hundred day moving average price is GBX 1.67. The company has a market cap of £65.33 million, a P/E ratio of -10.44 and a beta of -0.03.

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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