Capricorn Energy PLC (LON:CNE - Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 259.06 ($3.56) and traded as low as GBX 224.50 ($3.08). Capricorn Energy shares last traded at GBX 230 ($3.16), with a volume of 4,266 shares traded.
Wall Street Analysts Forecast Growth
Several analysts have commented on CNE shares. Canaccord Genuity Group restated a "speculative buy" rating and issued a GBX 285 ($3.91) price target on shares of Capricorn Energy in a report on Thursday, May 8th. Shore Capital reiterated a "buy" rating on shares of Capricorn Energy in a report on Tuesday, May 20th.
Read Our Latest Report on CNE
Capricorn Energy Stock Up 1.3%
The company has a market capitalization of £203.22 million, a price-to-earnings ratio of -2.28, a PEG ratio of -1.92 and a beta of 1.35. 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 stock's fifty day simple moving average is GBX 228.36 and its two-hundred day simple moving average is GBX 259.06.
Insider Buying and Selling at Capricorn Energy
In related news, insider Sachin Mistry acquired 26,331 shares of the company's stock in a transaction dated Thursday, April 24th. The shares were bought at an average price of GBX 194 ($2.66) per share, for a total transaction of £51,082.14 ($70,148.50). Corporate 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
Further Reading
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