The stock of Roxi Petroleum plc (LON:RXP) is a huge mover today! The stock decreased 3.45% or GBX 0.37 on November 24, hitting GBX 10.5. About 317,216 shares traded hands. Roxi Petroleum plc (LON:RXP) has declined 1.16% since April 26, 2016 and is downtrending. It has underperformed by 6.57% the S&P500.
The move comes after 9 months negative chart setup for the GBX 99.41M company. It was reported on Nov, 24 by Barchart.com. We have GBX 9.98 PT which if reached, will make LON:RXP worth GBX 4.97 million less.
More recent Roxi Petroleum plc (LON:RXP) news were published by: Fool.Co.Uk which released: “Why Shares In Roxi Petroleum plc Dropped By 9% Today” on June 23, 2015. Also Uk.Finance.Yahoo.com published the news titled: “Roxi Petroleum PLC (RXP.L)” on April 01, 2014. Fool.Co.Uk‘s news article titled: “Why I’d Buy Roxi Petroleum plc & Falkland Oil And Gas Limited, But Would Avoid …” with publication date: August 11, 2015 was also an interesting one.
Roxi Petroleum Plc is engaged in exploration and production of crude oil in Kazakhstan. The company has a market cap of 99.41 million GBP. It has interests in approximately four exploration and production contract areas spread over three petroleum basins, including the pre-Caspian basin, the Mangyshlak basin in Western Kazakhstan and the Turgai basin in Central Kazakhstan. It currently has negative earnings. The Company’s BNG Contract Area is located in the west of Kazakhstan approximately 40 kilometers southeast of Tengiz on the edge of the Mangistau Oblast, covering an area of over 1,702 square kilometers.
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