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

Amerisur Resources plc (LON:AMERGet 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 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.

Amerisur Resources Price Performance

The stock’s 50-day moving average is GBX 19.18 and its 200-day moving average is GBX 19.18. The firm has a market cap of £241.31 million and a P/E ratio of -47.95. The company has a quick ratio of 1.90, a current ratio of 1.99 and a debt-to-equity ratio of 8.67.

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

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