Capricorn Energy (LON:CNE - Get Free Report)'s stock had its "buy" rating reissued by stock analysts at Canaccord Genuity Group in a report issued on Wednesday, Marketbeat.com reports. They currently have a GBX 360 ($4.84) price objective on the oil and gas development company's stock. Canaccord Genuity Group's price target indicates a potential upside of 56.52% from the company's current price.
Separately, Shore Capital reaffirmed a "buy" rating on shares of Capricorn Energy in a research report on Tuesday.
Read Our Latest Analysis on CNE
Capricorn Energy Price Performance
Shares of LON CNE remained flat at GBX 230 ($3.09) during trading on Wednesday. The stock had a trading volume of 11,014 shares, compared to its average volume of 59,077. Capricorn Energy has a 1 year low of GBX 180.57 ($2.43) and a 1 year high of GBX 341.77 ($4.59). The company has a debt-to-equity ratio of 32.44, a current ratio of 2.56 and a quick ratio of 6.29. The firm has a 50-day moving average of GBX 229.59 and a 200-day moving average of GBX 250.58. The stock has a market cap of £203.22 million, a PE ratio of -2.28, a P/E/G ratio of -1.92 and a beta of 1.35.
Insider Activity
In other Capricorn Energy news, insider Sachin Mistry purchased 6,491 shares of the company's stock in a transaction dated Monday, April 28th. The stock was purchased at an average price of GBX 222 ($2.98) per share, for a total transaction of £14,410.02 ($19,365.70). Company insiders own 1.01% of the company's stock.
About Capricorn Energy
(
Get Free Report)
Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Egyptian Western Desert.
Capricorn is headquartered in Edinburgh, Scotland.
For further information please see: www.capricornenergy.com
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