Ian Richard Cloke Purchases 2,937 Shares of Afentra plc (LON:AET) Stock

Afentra plc (LON:AET - Get Free Report) insider Ian Richard Cloke acquired 2,937 shares of the company's stock in a transaction on Friday, May 16th. The shares were purchased at an average cost of GBX 41 ($0.56) per share, with a total value of £1,204.17 ($1,630.12).

Ian Richard Cloke also recently made the following trade(s):

• On Friday, May 16th, Ian Richard Cloke sold 103,158 shares of Afentra stock. The stock was sold at an average price of GBX 40 ($0.54), for a total transaction of £41,263.20 ($55,859.21).
• On Friday, May 16th, Ian Richard Cloke acquired 49,732 shares of Afentra stock. The shares were purchased at an average cost of GBX 40 ($0.54) per share, with a total value of £19,892.80 ($26,929.47).
• On Friday, May 16th, Ian Richard Cloke acquired 48,694 shares of Afentra stock. The shares were purchased at an average cost of GBX 40 ($0.54) per share, with a total value of £19,477.60 ($26,367.40).

Afentra Price Performance

LON:AET remained flat at GBX 42 ($0.57) during mid-day trading on Friday. 568,022 shares of the company were exchanged, compared to its average volume of 724,897. Afentra plc has a 52 week low of GBX 33.07 ($0.45) and a 52 week high of GBX 62.54 ($0.85). The business's 50-day simple moving average is GBX 39.05 and its two-hundred day simple moving average is GBX 43.48. The stock has a market capitalization of £118.62 million, a price-to-earnings ratio of 600.00 and a beta of 0.10. The company has a debt-to-equity ratio of 85.96, a current ratio of 0.78 and a quick ratio of 28.92.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AET shares. Canaccord Genuity Group reissued a "buy" rating and set a GBX 75 ($1.02) target price on shares of Afentra in a research note on Friday, April 25th. Shore Capital reissued a "buy" rating on shares of Afentra in a research note on Thursday, April 24th.

About Afentra

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.