Aminex (LON:AEX) Stock Crosses Below 200-Day Moving Average – Here’s Why

Aminex PLC (LON:AEXGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1.73 and traded as low as GBX 1.65. Aminex shares last traded at GBX 1.78, with a volume of 2,478,404 shares trading hands.

Aminex Stock Performance

The company has a market cap of £81.37 million, a P/E ratio of -13.01 and a beta of -0.03. The firm has a 50 day moving average price of GBX 1.58 and a 200-day moving average price of GBX 1.73.

Aminex Company Profile

(Get Free Report)

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.

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