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

Shares of Capricorn Energy PLC Unsponsored ADR (OTCMKTS:CRNCYGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $5.22 and traded as high as $6.10. Capricorn Energy shares last traded at $6.00, with a volume of 1,803 shares changing hands.

Capricorn Energy Stock Performance

The company’s 50-day simple moving average is $5.22 and its 200 day simple moving average is $5.57. The company has a current ratio of 2.42, a quick ratio of 2.35 and a debt-to-equity ratio of 0.12.

Capricorn Energy Company Profile

(Get Free Report)

Capricorn Energy is an independent oil and gas exploration and production company with a primary focus on upstream activities. The company engages in the exploration, development, and production of hydrocarbon resources, targeting both conventional and emerging plays. Its operations span various stages of the upstream lifecycle, from seismic acquisition and well drilling to production optimization and field extension projects.

Capricorn Energy’s asset portfolio is geographically diverse, with producing and development-stage interests across Africa and the Middle East.

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