Energean plc (LON:ENOG - Get Free Report)'s share price was down 5.3% during mid-day trading on Friday . The company traded as low as GBX 794 ($10.77) and last traded at GBX 814.60 ($11.05). Approximately 901,855 shares were traded during trading, an increase of 54% from the average daily volume of 584,015 shares. The stock had previously closed at GBX 860.50 ($11.68).
Analyst Upgrades and Downgrades
Separately, Berenberg Bank restated a "hold" rating and set a GBX 940 ($12.75) price target on shares of Energean in a research note on Thursday, March 20th.
Get Our Latest Analysis on ENOG
Energean Trading Down 5.3%
The company has a debt-to-equity ratio of 498.55, a quick ratio of 1.42 and a current ratio of 1.31. The stock has a market capitalization of £1.88 billion, a PE ratio of 14.79 and a beta of 0.85. The stock has a 50-day moving average price of GBX 868.54 and a two-hundred day moving average price of GBX 936.35.
Insider Activity
In related news, insider Panagiotis Benos sold 784 shares of Energean stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of GBX 888 ($12.05), for a total transaction of £6,961.92 ($9,446.30). Also, insider Andreas Persianis bought 10,000 shares of the firm's stock in a transaction that occurred on Monday, March 24th. The shares were acquired at an average cost of GBX 851 ($11.55) per share, for a total transaction of £85,100 ($115,468.11). Insiders own 24.40% of the company's stock.
About Energean
(
Get Free Report)
Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.
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