Trinity Exploration & Production (LON:TRIN) Stock Passes Above Two Hundred Day Moving Average of $0.00

Trinity Exploration & Production PLC (LON:TRIN)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $12.99. Trinity Exploration & Production shares last traded at $12.87, with a volume of 549,245 shares traded.

The firm has a 50 day simple moving average of GBX 11.42. The firm has a market cap of $49.25 million and a price-to-earnings ratio of -6.41. The company has a debt-to-equity ratio of 5.20, a quick ratio of 2.39 and a current ratio of 2.87.

In other Trinity Exploration & Production news, insider Angus Winther purchased 427,350 shares of the company’s stock in a transaction dated Tuesday, May 14th. The shares were acquired at an average price of GBX 12 ($0.16) per share, for a total transaction of £51,282 ($67,009.02). Also, insider Nicholas Clayton purchased 100,000 shares of the company’s stock in a transaction dated Tuesday, June 11th. The shares were acquired at an average price of GBX 12 ($0.16) per share, for a total transaction of £12,000 ($15,680.13). Insiders have bought a total of 702,350 shares of company stock worth $8,253,200 in the last quarter.

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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