Shares of Baron Oil Plc (LON:BOIL – Get Free Report) were down 8.2% on Tuesday . The stock traded as low as GBX 0.08 ($0.00) and last traded at GBX 0.08 ($0.00). Approximately 481,945,000 shares changed hands during mid-day trading, an increase of 79% from the average daily volume of 269,381,250 shares. The stock had previously closed at GBX 0.09 ($0.00).
Baron Oil Stock Down 7.1 %
The firm’s 50 day moving average price is GBX 0.07 and its two-hundred day moving average price is GBX 0.07. The firm has a market capitalization of £20.15 million, a PE ratio of -0.87 and a beta of 0.51. The company has a quick ratio of 3.21, a current ratio of 39.47 and a debt-to-equity ratio of 0.26.
Baron Oil Company Profile
Baron Oil Plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves, and other related activities in South America, South East Asia, and the United Kingdom. The company holds 75% interest in Timor-Leste TL-SO-19-16 PSC offshore license located in Southeast Asia.
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