Paladin Energy Ltd (OTCMKTS:PALAF - Get Free Report)'s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.15 and traded as low as $5.15. Paladin Energy shares last traded at $5.26, with a volume of 88,792 shares changing hands.
Wall Street Analyst Weigh In
Separately, UBS Group lowered shares of Paladin Energy from a "strong-buy" rating to a "hold" rating in a report on Saturday, January 25th.
Read Our Latest Research Report on PALAF
Paladin Energy Stock Performance
The company has a 50 day simple moving average of $5.11 and a 200-day simple moving average of $6.11. The company has a quick ratio of 1.50, a current ratio of 4.02 and a debt-to-equity ratio of 0.34.
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.
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