Capricorn Energy (OTCMKTS:CRNCY) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Capricorn Energy PLC (OTCMKTS:CRNCYGet Free Report)’s stock price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.20 and traded as high as $7.81. Capricorn Energy shares last traded at $7.81, with a volume of 100 shares.

Capricorn Energy Stock Performance

The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.49 and a current ratio of 2.56. The firm’s 50 day moving average is $7.28 and its 200 day moving average is $6.14.

About Capricorn Energy

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Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas worldwide. It holds a portfolio of exploration, development, and production assets in Mexico and Egypt. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.

Further Reading

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