Paladin Energy (OTCMKTS:PALAF) Shares Cross Below 200 Day Moving Average – Should You Sell?

Paladin Energy Ltd (OTCMKTS:PALAFGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.83 and traded as low as $4.52. Paladin Energy shares last traded at $5.25, with a volume of 2,746,474 shares changing hands.

Paladin Energy Stock Performance

The company has a current ratio of 4.02, a quick ratio of 1.50 and a debt-to-equity ratio of 0.34. The company’s 50-day simple moving average is $5.33 and its 200-day simple moving average is $6.83.

About Paladin Energy

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Paladin Energy Ltd develops, explores for, owns, and operates uranium mines in Australia, Canada, and Africa. The company operates through Exploration, Namibia, and Australia segments. Its flagship project is the Langer Heinrich mine located in the Namib Desert in Namibia. The company was formerly known as Paladin Resources Ltd and changed its name to Paladin Energy Limited in November 2007.

Further Reading

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