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Capricorn Energy (OTCMKTS:CRNCY) Stock Passes Above 50-Day Moving Average - Here's Why

Capricorn Energy logo with Oils/Energy background

Shares of Capricorn Energy PLC (OTCMKTS:CRNCY - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $7.20 and traded as high as $7.81. Capricorn Energy shares last traded at $7.81, with a volume of 100 shares.

Capricorn Energy Stock Performance

The company has a quick ratio of 2.49, a current ratio of 2.56 and a debt-to-equity ratio of 0.29. The business's 50 day moving average price is $7.28 and its two-hundred day moving average price is $6.16.

Capricorn Energy Company Profile

(Get Free Report)

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas worldwide. It holds a portfolio of exploration, development, and production assets in Mexico and Egypt. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.

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