Zoltav Resources (LON:ZOL) Stock Passes Below Fifty Day Moving Average of $10.50

Zoltav Resources Inc. (LON:ZOLGet Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 10.50 ($0.13) and traded as low as GBX 5 ($0.06). Zoltav Resources shares last traded at GBX 10.50 ($0.13), with a volume of 8,000 shares trading hands.

Zoltav Resources Trading Down 30.0 %

The company’s 50 day moving average price is GBX 10.50 and its two-hundred day moving average price is GBX 10.50. The company has a quick ratio of 0.07, a current ratio of 0.10 and a debt-to-equity ratio of 114.58. The firm has a market cap of £14.91 million and a PE ratio of -2.10.

About Zoltav Resources

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Zoltav Resources Inc engages in the acquisition, exploration, development, and production of hydrocarbons in Russia. The company holds interests in the Bortovoy license covering an area of 3,215 square kilometers with proved plus probable reserves of 750 billion cubic feet of gas, and 3.9 million barrels of oil and condensate located in the Saratov region of south western Russia.

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