Capricorn Energy (OTCMKTS:CRNCY) Shares Cross Above 50 Day Moving Average – What’s Next?

Capricorn Energy PLC (OTCMKTS:CRNCYGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.77 and traded as high as $8.38. Capricorn Energy shares last traded at $8.38, with a volume of 183 shares changing hands.

Capricorn Energy Stock Performance

The firm has a fifty day moving average of $6.77 and a 200-day moving average of $5.94. The company has a current ratio of 2.56, a quick ratio of 2.49 and a debt-to-equity ratio of 0.29.

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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