Afentra plc (LON:AET - Get Free Report) shares traded down 8.1% during trading on Tuesday . The stock traded as low as GBX 47.63 ($0.65) and last traded at GBX 49.07 ($0.67). 4,101,193 shares traded hands during mid-day trading, an increase of 436% from the average session volume of 764,665 shares. The stock had previously closed at GBX 53.40 ($0.73).
Wall Street Analyst Weigh In
Several analysts have weighed in on the company. Shore Capital reaffirmed a "buy" rating on shares of Afentra in a research report on Thursday, April 24th. Canaccord Genuity Group restated a "buy" rating and set a GBX 75 ($1.03) price target on shares of Afentra in a research report on Friday, April 25th.
Get Our Latest Report on AET
Afentra Stock Up 0.8%
The company's 50 day moving average price is GBX 42.85 and its two-hundred day moving average price is GBX 43.77. The firm has a market cap of £138.96 million, a PE ratio of 702.86 and a beta of 0.10. The company has a current ratio of 0.78, a quick ratio of 28.92 and a debt-to-equity ratio of 85.96.
Insider Buying and Selling at Afentra
In other news, insider Ian Richard Cloke bought 48,694 shares of Afentra stock in a transaction dated Friday, May 16th. The shares were purchased at an average cost of GBX 40 ($0.55) per share, with a total value of £19,477.60 ($26,729.24). Insiders have bought 101,363 shares of company stock valued at $4,057,457 over the last 90 days. 53.87% of the stock is currently owned by corporate insiders.
About Afentra
(
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Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.
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