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Capricorn Energy (LON:CNE) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Capricorn Energy logo with Energy background
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Key Points

  • Capricorn Energy passed above its 200‑day moving average (200‑day MA GBX 225.53) on Tuesday, trading as high as GBX 332 and last at GBX 315 on a volume of 410,680 shares.
  • Analysts remain bullish — three firms rate the stock Buy with a consensus price target of GBX 369.33.
  • The company shows attractive valuation and strong liquidity (market cap £218.11M, P/E 12.23, quick ratio 6.29, current ratio 2.44) but also carries high leverage (debt‑to‑equity 4.29).
  • Interested in Capricorn Energy? Here are five stocks we like better.

Capricorn Energy PLC (LON:CNE - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 225.53 and traded as high as GBX 332. Capricorn Energy shares last traded at GBX 315, with a volume of 410,680 shares.

Analyst Ratings Changes

A number of research firms have recently weighed in on CNE. Shore Capital Group reissued a "buy" rating on shares of Capricorn Energy in a report on Friday, March 27th. Peel Hunt reissued a "buy" rating and issued a GBX 310 price target on shares of Capricorn Energy in a report on Thursday, January 8th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, Capricorn Energy currently has an average rating of "Buy" and a consensus price target of GBX 369.33.

Check Out Our Latest Stock Report on Capricorn Energy

Capricorn Energy Price Performance

The stock has a market capitalization of £218.11 million, a price-to-earnings ratio of 12.23, a price-to-earnings-growth ratio of -1.92 and a beta of 0.49. The company has a 50 day moving average of GBX 269.72 and a 200 day moving average of GBX 225.53. The company has a quick ratio of 6.29, a current ratio of 2.44 and a debt-to-equity ratio of 4.29.

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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