Reabold Resources (LON:RBD) Reaches New 52-Week Low – Time to Sell?

Reabold Resources Plc (LON:RBDGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00), with a volume of 97032625 shares trading hands. The stock had previously closed at GBX 0.05 ($0.00).

Reabold Resources Trading Down 1.9 %

The stock’s fifty day simple moving average is GBX 0.06 and its two-hundred day simple moving average is GBX 0.07. The firm has a market cap of £5.30 million, a PE ratio of -2.03 and a beta of 1.44. The company has a quick ratio of 34.15, a current ratio of 45.39 and a debt-to-equity ratio of 0.16.

About Reabold Resources

(Get Free Report)

Reabold Resources Plc invests in upstream oil and gas projects. It invests in Corallian, Danube, Rathlin, and PEDL183 in the United Kingdom and Europe; and others in the United States, as well as Parta exploration license area situated in Romania. The company was formerly known as Adventis Group plc and changed its name to Reabold Resources Plc in December 2012.

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