Red Emperor Resources (LON:RMP) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Red Emperor Resources NL (LON:RMPGet Free Report) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 0.76 ($0.01) and traded as high as GBX 0.76 ($0.01). Red Emperor Resources shares last traded at GBX 0.76 ($0.01), with a volume of 0 shares changing hands.

Red Emperor Resources Stock Performance

The company has a debt-to-equity ratio of 2.84, a current ratio of 38.58 and a quick ratio of 38.58. The stock’s 50 day simple moving average is GBX 0.76 and its two-hundred day simple moving average is GBX 0.76. The stock has a market cap of £3.99 million and a P/E ratio of -1.09.

About Red Emperor Resources

(Get Free Report)

Red Emperor Resources NL, together with its subsidiaries, engages in the oil and gas exploration and project identification activities. The company was incorporated in 2007 and is based in West Perth, Australia.

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