Trinity Exploration & Production (LON:TRIN) Stock Price Passes Below 200 Day Moving Average of $11.10

Trinity Exploration & Production PLC (LON:TRIN) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.10 and traded as low as $9.17. Trinity Exploration & Production shares last traded at $9.35, with a volume of 98,268 shares trading hands.

The firm’s 50 day moving average price is GBX 9.86 and its 200-day moving average price is GBX 11.10. The company has a market cap of $35.91 million and a P/E ratio of -1.53. The company has a current ratio of 2.86, a quick ratio of 2.28 and a debt-to-equity ratio of 2.61.

About Trinity Exploration & Production (LON:TRIN)

Trinity Exploration & Production Plc, an independent oil company, engages in the exploration, development, production, and sale of crude oil. It operates nine licenses in Trinidad and Tobago with assets onshore and offshore on the west and east coast. The company was founded in 1996 and is headquartered in San Fernando, Trinidad and Tobago.

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