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Gulf Keystone Petroleum (LON:GKP) Stock Price Crosses Below 200-Day Moving Average - Here's Why

MarketBeat · last updated

Gulf Keystone Petroleum Limited (LON:GKP — Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 168.92 ($2.27) and traded as low as GBX 164.80 ($2.21). Gulf Keystone Petroleum shares last traded at GBX 166.40 ($2.24), with a volume of 326,468 shares.

Gulf Keystone Petroleum Stock Performance

The stock has a market capitalization of £454.01 million, a PE ratio of -59.41, a PEG ratio of 0.06 and a beta of 1.22. The company has a quick ratio of 2.18, a current ratio of 0.97 and a debt-to-equity ratio of 0.03. The firm has a 50 day moving average price of GBX 164.69 and a 200-day moving average price of GBX 168.92.

Gulf Keystone Petroleum Company Profile

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Gulf Keystone Petroleum Limited engages in oil and gas exploration, development, and production in the Kurdistan Region of Iraq. The company operates Shaikan field that covers an area of approximately 280 square kilometers, which is located north-west of Erbil. It also provides management, support, geological, geophysical, and engineering services.

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