BowLeven (LON:BLVN) Stock Price Crosses Above Two Hundred Day Moving Average of $3.55

BowLeven PLC (LON:BLVN)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $3.55 and traded as high as $4.03. BowLeven shares last traded at $4.34, with a volume of 214,058 shares trading hands.

The firm has a 50-day moving average price of GBX 4.08 and a 200-day moving average price of GBX 3.53. The stock has a market capitalization of $13.14 million and a PE ratio of -0.19.

BowLeven Company Profile (LON:BLVN)

Bowleven plc engages in the exploration and appraisal of oil and gas properties in Africa. The company has strategic equity interests in two permits in Cameroon, including the offshore shallow water Etinde permit that covers an area of approximately 461 square kilometers; and the onshore Bomono permit covering an area of 2,328 square kilometers.

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