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Rose Petroleum plc (ROSE.L) (LON:ROSE) Hits New 1-Year High - Here's Why

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

Rose Petroleum plc (ROSE.L) (LON:ROSE - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as GBX 879.60 ($10.94) and last traded at GBX 879.60 ($10.94), with a volume of 4510 shares trading hands. The stock had previously closed at GBX 857.50 ($10.67).

Rose Petroleum plc (ROSE.L) Stock Performance

The company has a quick ratio of 2.29, a current ratio of 2.46 and a debt-to-equity ratio of 0.37. The stock has a market cap of £2.45 billion and a price-to-earnings ratio of -1,425.00. The company's 50-day simple moving average is GBX 852.83 and its 200-day simple moving average is GBX 559.09.

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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