Reabold Resources (LON:RBD) Sets New 1-Year Low – Time to Sell?

Reabold Resources Plc (LON:RBD) hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00), with a volume of 108273758 shares. The stock had previously closed at GBX 0.05 ($0.00).

Reabold Resources Stock Up 4.2 %

The stock has a fifty day simple moving average of GBX 0.06 and a two-hundred day simple moving average of GBX 0.06. The company has a current ratio of 45.39, a quick ratio of 34.15 and a debt-to-equity ratio of 0.16. The firm has a market cap of £5.10 million, a PE ratio of -2.03 and a beta of 1.44.

About Reabold Resources

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.