Zoltav Resources (LON:ZOL) Stock Passes Below Fifty Day Moving Average of $10.50

Zoltav Resources Inc. (LON:ZOLGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 10.50 ($0.13) and traded as low as GBX 5 ($0.06). Zoltav Resources shares last traded at GBX 10.50 ($0.13), with a volume of 8,000 shares traded.

Zoltav Resources Stock Down 30.0 %

The company has a current ratio of 0.10, a quick ratio of 0.07 and a debt-to-equity ratio of 114.58. The firm has a market capitalization of £14.91 million and a P/E ratio of -2.10. The company’s fifty day simple moving average is GBX 10.50 and its 200 day simple moving average is GBX 10.50.

About Zoltav Resources

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Zoltav Resources Inc engages in the acquisition, exploration, development, and production of hydrocarbons in Russia. The company holds interests in the Bortovoy license covering an area of 3,215 square kilometers with proved plus probable reserves of 750 billion cubic feet of gas, and 3.9 million barrels of oil and condensate located in the Saratov region of south western Russia.

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