Clontarf Energy (LON:CLON) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Clontarf Energy plc (LON:CLONGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.03 and traded as low as GBX 0.02. Clontarf Energy shares last traded at GBX 0.02, with a volume of 21,538,268 shares trading hands.

Clontarf Energy Trading Down 4.2%

The firm has a market capitalization of £1.88 million, a P/E ratio of -7.67 and a beta of -0.02. The company has a 50 day simple moving average of GBX 0.02 and a two-hundred day simple moving average of GBX 0.03.

Clontarf Energy Company Profile

(Get Free Report)

Clontarf Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas reserves and other related activities. It holds 60% interest in the Tano 2A Block covering an area of 1,532 square kilometers located in Ghana. The company also focuses on exploring and developing Bolivian salt-lakes. In addition, it focuses on liquefied natural gas reserves located in Western Australia. The company was incorporated in 2003 and is headquartered in Dublin, Ireland.

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