Capricorn Energy (OTCMKTS:CRNCY) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Capricorn Energy PLC (OTCMKTS:CRNCYGet Free Report)’s stock price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $7.75 and traded as low as $7.25. Capricorn Energy shares last traded at $7.25, with a volume of 1,504 shares.

Capricorn Energy Price 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 business has a 50-day simple moving average of $7.74 and a two-hundred day simple moving average of $6.47.

Capricorn Energy Company Profile

(Get Free Report)

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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