Aminex (LON:AEX) Stock Crosses Below 200 Day Moving Average – What’s Next?

Aminex PLC (LON:AEX)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 1.71 and traded as low as GBX 1.67. Aminex shares last traded at GBX 1.68, with a volume of 3,982,549 shares changing hands.

Aminex Stock Down 5.3%

The company has a 50 day simple moving average of GBX 1.57 and a 200 day simple moving average of GBX 1.71. The company has a market capitalization of £74.89 million, a price-to-earnings ratio of -11.97 and a beta of -0.03.

Aminex Company Profile

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Kiliwani South, Ruvuma PSA, and Nyuni Area PSA exploration licenses located primarily in Tanzania. Aminex PLC was incorporated in 1979 and is based in Dublin, Ireland.