Sterling Energy (LON:SEY) Shares Cross Below Two Hundred Day Moving Average of $16.50

Shares of Sterling Energy plc (LON:SEYGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 16.50 ($0.21) and traded as low as GBX 16 ($0.20). Sterling Energy shares last traded at GBX 16.50 ($0.21), with a volume of 545,820 shares.

Sterling Energy Price Performance

The stock has a fifty day moving average of GBX 16.50 and a two-hundred day moving average of GBX 16.50. The stock has a market cap of £36.31 million and a price-to-earnings ratio of -27.50. The company has a quick ratio of 159.29, a current ratio of 159.29 and a debt-to-equity ratio of 1.23.

About Sterling Energy

(Get Free Report)

Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.

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