Range Resources (LON:RRL) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Range Resources Ltd (LON:RRLGet Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.04 ($0.00) and traded as low as GBX 0.03 ($0.00). Range Resources shares last traded at GBX 0.04 ($0.00), with a volume of 1,608,636 shares changing hands.

Range Resources Stock Performance

The company has a current ratio of 1.07, a quick ratio of 0.75 and a debt-to-equity ratio of 1,052.15. The stock has a market capitalization of £676,000.00 and a P/E ratio of 0.00. The company has a 50-day moving average price of GBX 0.03 and a 200 day moving average price of GBX 0.04.

About Range Resources

(Get Free Report)

Range Resources Limited engages in the exploration, development, and production of oil and gas in Trinidad and Indonesia. It holds 100% interests in three onshore production licenses, including Morne Diablo, South Quarry, and Beach Marcelle; and 80% interest in the St Mary's exploration block. The company was incorporated in 1982 and is based in Perth, Australia.

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