Insider Buying: Capricorn Energy PLC (LON:CNE) Insider Buys 6,491 Shares of Stock

Capricorn Energy PLC (LON:CNE - Get Free Report) insider Sachin Mistry acquired 6,491 shares of the firm's stock in a transaction dated Monday, April 28th. The shares were purchased at an average cost of GBX 222 ($2.95) per share, for a total transaction of £14,410.02 ($19,121.58).

Sachin Mistry also recently made the following trade(s):

• On Thursday, April 24th, Sachin Mistry purchased 26,331 shares of Capricorn Energy stock. The stock was acquired at an average cost of GBX 194 ($2.57) per share, for a total transaction of £51,082.14 ($67,784.16).

Capricorn Energy Price Performance

Shares of LON:CNE traded down GBX 10 ($0.13) on Friday, hitting GBX 227 ($3.01). The stock had a trading volume of 86,093 shares, compared to its average volume of 72,822. The firm's 50 day moving average price is GBX 235.47 and its 200-day moving average price is GBX 257.62. The company has a debt-to-equity ratio of 32.44, a quick ratio of 6.29 and a current ratio of 2.56. Capricorn Energy PLC has a twelve month low of GBX 162 ($2.15) and a twelve month high of GBX 341.77 ($4.54). The company has a market capitalization of £200.57 million, a price-to-earnings ratio of -2.25, a price-to-earnings-growth ratio of -1.92 and a beta of 1.35.

Analyst Ratings Changes

Several analysts have recently weighed in on CNE shares. Canaccord Genuity Group decreased their target price on shares of Capricorn Energy from GBX 360 ($4.78) to GBX 300 ($3.98) and set a "speculative buy" rating on the stock in a research report on Friday, March 28th. Shore Capital reaffirmed a "buy" rating on shares of Capricorn Energy in a report on Friday, April 4th.

Capricorn Energy Company Profile

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