Range Resources (LON:RRL) Stock Crosses Below 200 Day Moving Average – Here’s Why

Range Resources Ltd (LON:RRLGet Free Report)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 0.04 ($0.00) and traded as low as GBX 0.03 ($0.00). Range Resources shares last traded at GBX 0.04 ($0.00), with a volume of 1,608,636 shares changing hands.

Range Resources Stock Performance

The stock has a market capitalization of £675,850.02 and a price-to-earnings ratio of 0.00. The company has a debt-to-equity ratio of 1,052.15, a current ratio of 1.07 and a quick ratio of 0.75. The stock has a 50-day moving average of GBX 0.03 and a 200 day moving average of GBX 0.04.

About Range Resources

(Get Free Report)

Range Resources Limited engages in the exploration, development, and production of oil and gas in Trinidad and Indonesia. It holds 100% interests in three onshore production licenses, including Morne Diablo, South Quarry, and Beach Marcelle; and 80% interest in the St Mary's exploration block. The company was incorporated in 1982 and is based in Perth, Australia.

See Also

Receive News & Ratings for Range Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Range Resources and related companies with MarketBeat.com's FREE daily email newsletter.