Lekoil (LON:LEK) Shares Cross Below 200-Day Moving Average of $5.02

Lekoil Ltd (LON:LEK) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.02 and traded as low as $4.62. Lekoil shares last traded at $5.20, with a volume of 261,122 shares trading hands.

Separately, Numis Securities reiterated a “buy” rating on shares of Lekoil in a research note on Monday, September 30th.

The stock has a 50 day simple moving average of GBX 4.76 and a two-hundred day simple moving average of GBX 5.01. The firm has a market cap of $26.31 million and a PE ratio of -1.60. The company has a debt-to-equity ratio of 8.72, a quick ratio of 0.53 and a current ratio of 1.01.

Lekoil Company Profile (LON:LEK)

Lekoil Limited explores for, develops, and produces petroleum oil and natural gas in Nigeria, Namibia, Cayman, and internationally. The company owns a 40% interest in the Otakikpo marginal field located in the south-eastern part of the Niger Delta; and a 40% interest in the OPL 310 block located in the Upper Cretaceous fairway that runs along the West African Transform Margin.

Featured Story: Monthly Dividend Stocks Can Provide Solid Income

Receive News & Ratings for Lekoil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lekoil and related companies with MarketBeat.com's FREE daily email newsletter.