Free Trial

Capricorn Energy (OTCMKTS:CRNCY) Stock Passes Below Fifty Day Moving Average - What's Next?

Capricorn Energy logo with Energy background

Key Points

  • Capricorn Energy's stock price has recently traded below its fifty-day moving average of $6.24, hitting a low of $6.21.
  • The company maintains a low debt-to-equity ratio of 0.22, indicating strong financial stability.
  • Capricorn Energy, formerly known as Cairn Energy PLC, is engaged in the exploration and production of oil and gas in regions including Mexico and Egypt.
  • Interested in Capricorn Energy? Here are five stocks we like better.

Capricorn Energy PLC Unsponsored ADR (OTCMKTS:CRNCY - Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.24 and traded as low as $6.21. Capricorn Energy shares last traded at $6.21, with a volume of 131 shares trading hands.

Capricorn Energy Stock Performance

The company's 50-day moving average price is $6.25 and its two-hundred day moving average price is $6.64. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.24 and a quick ratio of 2.19.

Capricorn Energy Company Profile

(Get Free Report)

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas worldwide. It holds a portfolio of exploration, development, and production assets in Mexico and Egypt. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.

Recommended Stories

Should You Invest $1,000 in Capricorn Energy Right Now?

Before you consider Capricorn Energy, 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 Capricorn Energy wasn't on the list.

While Capricorn Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

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

Featured Articles and Offers

Recent Videos

5 Stocks to BUY NOW in August 2025
The $2.5B Merger No One Is Talking About
ALERT: Big Tech Earnings – Watch Before Wednesday

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines