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Kistos (LON:KIST) Shares Down 2.9% - Here's Why

Kistos logo with Energy background

Kistos Holdings Plc (LON:KIST - Get Free Report)'s stock price traded down 2.9% during trading on Monday . The stock traded as low as GBX 165 ($2.22) and last traded at GBX 165.05 ($2.22). 147,371 shares traded hands during trading, a decline of 36% from the average session volume of 232,060 shares. The stock had previously closed at GBX 170 ($2.28).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 230 ($3.09) price target on shares of Kistos in a research note on Tuesday, April 15th.

View Our Latest Stock Report on KIST

Kistos Price Performance

The company has a 50 day moving average price of GBX 159.50 and a 200 day moving average price of GBX 138.34. The firm has a market cap of £163.28 million, a PE ratio of -3.05 and a beta of 0.33. The company has a current ratio of 1.80, a quick ratio of 2.33 and a debt-to-equity ratio of 264.33.

Kistos Company Profile

(Get Free Report)

Kistos is an independent, integrated energy company with upstream and midstream operations across international markets. Our operations span the UK, Norway, and the Netherlands. Kistos' investments across the value chain include upstream operations, both offshore and onshore, and the operation of critical infrastructure to process and store hydrocarbons for ready deployment in the energy market. Central to our approach is operating with industry-leading sustainability and social responsibility credentials.

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