Amerisur Resources (LON:AMER) Shares Cross Above 200-Day Moving Average – What’s Next?

Amerisur Resources plc (LON:AMERGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 19.18 ($0.25) and traded as high as GBX 19.18 ($0.25). Amerisur Resources shares last traded at GBX 19.18 ($0.25), with a volume of 4,817,237 shares.

Amerisur Resources Stock Up 2,762.7 %

The stock’s fifty day moving average is GBX 19.18 and its two-hundred day moving average is GBX 19.18. The company has a current ratio of 1.99, a quick ratio of 1.90 and a debt-to-equity ratio of 8.67. The company has a market capitalization of £241.31 million and a PE ratio of -47.95.

Amerisur Resources Company Profile

(Get Free Report)

Amerisur Resources plc engages in exploration and production of oil and gas assets in Colombia and Paraguay. It has assets around the OBA pipeline and also across the wider Putumayo region, with 11 blocks in total covering 984,000 hectares gross. Amerisur Resources Plc was incorporated in 2000 and is based in Cardiff, the United Kingdom.

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