Aminex (LON:AEX) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Aminex PLC (LON:AEXGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 1.53 ($0.02) and traded as low as GBX 1.21 ($0.02). Aminex shares last traded at GBX 1.23 ($0.02), with a volume of 2,862,707 shares.

Aminex Stock Performance

The stock has a fifty day simple moving average of GBX 1.43 and a two-hundred day simple moving average of GBX 1.53. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.86 and a current ratio of 0.65. The stock has a market cap of £51.70 million, a price-to-earnings ratio of -5.38 and a beta of -0.03.

About Aminex

(Get Free Report)

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania.

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