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Caspian Sunrise (LON:CASP) Stock Price Up 16.7% - Should You Buy?

Caspian Sunrise logo with Energy background

Caspian Sunrise plc (LON:CASP - Get Free Report) traded up 16.7% on Friday . The company traded as high as GBX 2.28 ($0.03) and last traded at GBX 2.28 ($0.03). 1,095,244 shares changed hands during mid-day trading, an increase of 43% from the average session volume of 765,673 shares. The stock had previously closed at GBX 1.95 ($0.03).

Caspian Sunrise Price Performance

The firm has a market cap of £64.20 million, a price-to-earnings ratio of 6.05 and a beta of 1.95. The business's 50-day simple moving average is GBX 2.63 and its two-hundred day simple moving average is GBX 2.86. The company has a current ratio of 0.50, a quick ratio of 0.44 and a debt-to-equity ratio of 9.37.

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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