Sirius Petroleum (LON:SRSP) Shares Pass Below 200 Day Moving Average – What’s Next?

Sirius Petroleum Plc (LON:SRSP)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.40 ($0.01) and traded as low as GBX 0.40 ($0.01). Sirius Petroleum shares last traded at GBX 0.40 ($0.01), with a volume of 0 shares trading hands.

Sirius Petroleum Stock Performance

The company has a debt-to-equity ratio of 5.85, a current ratio of 0.25 and a quick ratio of 0.13. The stock has a market cap of £14.71 million and a price-to-earnings ratio of -4.00. The business’s 50 day moving average is GBX 0.40 and its 200 day moving average is GBX 0.40.

Sirius Petroleum Company Profile

Sirius Petroleum plc, an independent oil development company, focuses on acquiring and developing offshore proven oil discoveries in Nigeria. The company is also involved in the trading of oil; and exploration of mineral resources. In addition, it provides management services. Sirius Petroleum plc was incorporated in 2004 and is based in London, the United Kingdom.