Capricorn Energy (OTCMKTS:CRNCY) Stock Passes Below Fifty Day Moving Average – Should You Sell?

Capricorn Energy PLC (OTCMKTS:CRNCYGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $7.75 and traded as low as $7.25. Capricorn Energy shares last traded at $7.25, with a volume of 1,504 shares.

Capricorn Energy Price Performance

The business has a 50 day moving average of $7.74 and a 200-day moving average of $6.47. The company has a debt-to-equity ratio of 0.29, a quick ratio of 2.49 and a current ratio of 2.56.

About Capricorn Energy

(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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