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Caspian Sunrise (LON:CASP) Stock Price Down 2.2% - What's Next?

Caspian Sunrise logo with Energy background

Shares of Caspian Sunrise plc (LON:CASP - Get Free Report) dropped 2.2% during trading on Monday . The company traded as low as GBX 2.56 ($0.03) and last traded at GBX 2.64 ($0.04). Approximately 160,000 shares were traded during trading, a decline of 76% from the average daily volume of 658,748 shares. The stock had previously closed at GBX 2.70 ($0.04).

Caspian Sunrise Stock Performance

The company has a fifty day moving average of GBX 2.79 and a two-hundred day moving average of GBX 2.97. The firm has a market capitalization of £74.50 million, a price-to-earnings ratio of 7.02 and a beta of 1.95. The company has a debt-to-equity ratio of 9.37, a quick ratio of 0.44 and a current ratio of 0.50.

About Caspian Sunrise

(Get Free Report)

Caspian Sunrise plc engages in the exploration and production of oil and gas assets in Central Asia. The company operates through Exploration for and Production of Crude Oil; Onshore Drilling Services; and Offshore Drilling Services segments. It explores for and produces crude oil. The company holds a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan.

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