Rose Petroleum plc (ROSE.L) (LON:ROSE) Hits New 1-Year High – Here’s Why

Shares of Rose Petroleum plc (ROSE.L) (LON:ROSE) hit a new 52-week high on Friday . The stock traded as high as GBX 860 ($10.82) and last traded at GBX 860 ($10.82), with a volume of 3010 shares trading hands. The stock had previously closed at GBX 840 ($10.57).

Rose Petroleum plc (ROSE.L) Stock Up 2.4 %

The stock has a 50-day moving average price of GBX 808.84 and a 200-day moving average price of GBX 424.39. The company has a debt-to-equity ratio of 0.37, a current ratio of 2.46 and a quick ratio of 2.29. The company has a market capitalization of £2.47 billion and a P/E ratio of -1,433.33.

Rose Petroleum plc (ROSE.L) Company Profile

Rose Petroleum plc, together with its subsidiaries, primarily explores for and develops oil and gas resources in the United States. The company holds a 75% working interest in Paradox Basin covering an approximately 80,000 net acres located in Utah, the United States. The company was formerly known as VANE Minerals plc and changed its name to Rose Petroleum plc in August 2013.