Obtala (LON:OBT) Stock Passes Below 200 Day Moving Average – Should You Sell?

Obtala Ltd (LON:OBTGet Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 6.90 ($0.09) and traded as low as GBX 6.90 ($0.09). Obtala shares last traded at GBX 6.90 ($0.09), with a volume of 227,500 shares traded.

Obtala Price Performance

The company has a quick ratio of 0.43, a current ratio of 0.89 and a debt-to-equity ratio of 15.92. The stock has a market cap of £28.50 million and a P/E ratio of -1.86. The firm has a 50 day moving average price of GBX 6.90 and a 200 day moving average price of GBX 6.90.

About Obtala

(Get Free Report)

Obtala Limited, formerly Obtala Resources Limited, is engaged in the development of agricultural, food processing and timber projects, the holding of mineral resource licenses, projects and investment in other natural resources exploration and development companies and retail. The Company operates through four segments: Exploration and development, Agriculture and forestry, Investing activities and Retail.

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