Aminex (LON:AEX) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Aminex PLC (LON:AEX)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.43 ($0.02) and traded as low as GBX 1 ($0.01). Aminex shares last traded at GBX 1.06 ($0.01), with a volume of 2,335,926 shares trading hands.

Aminex Stock Performance

The stock has a market cap of £44.69 million, a price-to-earnings ratio of -5.38 and a beta of -0.03. The company has a quick ratio of 0.86, a current ratio of 0.65 and a debt-to-equity ratio of 1.37. The company has a 50 day simple moving average of GBX 1.22 and a 200 day simple moving average of GBX 1.43.

Aminex Company Profile

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania.