Free Trial

Arrow Exploration (LON:AXL) Stock Price Down 1.5% - Here's Why

Arrow Exploration logo with Energy background

Arrow Exploration Corp. (LON:AXL - Get Free Report)'s stock price dropped 1.5% on Friday . The stock traded as low as GBX 16.25 ($0.22) and last traded at GBX 16.25 ($0.22). Approximately 166,106 shares traded hands during mid-day trading, a decline of 82% from the average daily volume of 945,854 shares. The stock had previously closed at GBX 16.50 ($0.22).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a "buy" rating and set a GBX 44 ($0.59) target price on shares of Arrow Exploration in a research note on Thursday, March 13th.

Read Our Latest Research Report on AXL

Arrow Exploration Stock Down 0.4 %

The company has a debt-to-equity ratio of 0.44, a current ratio of 1.71 and a quick ratio of 1.65. The company has a market capitalization of £55.32 million, a price-to-earnings ratio of 91.99 and a beta of 1.51. The firm's fifty day moving average price is GBX 17.43 and its 200-day moving average price is GBX 21.54.

Arrow Exploration Company Profile

(Get Free Report)

Arrow Exploration Corp. (operating in Colombia via a branch of its 100% owned subsidiary Carrao Energy SA) is a publicly-traded company with a portfolio of premier Colombian oil assets that are under-exploited, under-explored and offer high potential growth. The Company's business plan is to expand oil production from some of Colombia's most active basins, including the Llanos, Middle Magdalena Valley (MMV) and Putumayo Basin.

Read More

Should You Invest $1,000 in Arrow Exploration Right Now?

Before you consider Arrow Exploration, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Arrow Exploration wasn't on the list.

While Arrow Exploration currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 Stocks to Sell Now Cover

Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.

Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock
The Hottest AI Stock You Haven’t Bought Yet

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines