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Rose Petroleum plc (ROSE.L) (LON:ROSE) Reaches New 52-Week High - Here's Why

Rose Petroleum plc (ROSE.L) logo with Oils/Energy background

Rose Petroleum plc (ROSE.L) (LON:ROSE - Get Free Report) hit a new 52-week high during trading on Friday . The company traded as high as GBX 860 ($10.82) and last traded at GBX 860 ($10.82), with a volume of 3010 shares changing hands. The stock had previously closed at GBX 840 ($10.57).

Rose Petroleum plc (ROSE.L) Stock Performance

The stock has a market cap of £2.47 billion and a price-to-earnings ratio of -1,433.33. The firm has a fifty day moving average of GBX 808.84 and a 200 day moving average of GBX 421.89. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.46 and a quick ratio of 2.29.

About Rose Petroleum plc (ROSE.L)

(Get Free Report)

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013.

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