Capricorn Energy (OTCMKTS:CRNCY) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Capricorn Energy PLC (OTCMKTS:CRNCYGet Free Report)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $7.50 and traded as low as $6.80. Capricorn Energy shares last traded at $6.80, with a volume of 200 shares trading hands.

Capricorn Energy Trading Down 13.5 %

The company has a quick ratio of 2.49, a current ratio of 2.56 and a debt-to-equity ratio of 0.29. The firm’s fifty day simple moving average is $7.50 and its two-hundred day simple moving average is $6.26.

Capricorn Energy Company Profile

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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.

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