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

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

Analyst Ratings Changes

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

Kistos Stock Performance

The stock's 50-day moving average price is GBX 162.15 and its 200-day moving average price is GBX 139.60. The company has a current ratio of 1.80, a quick ratio of 2.33 and a debt-to-equity ratio of 264.33. The company has a market capitalization of £166.09 million, a P/E ratio of -3.10 and a beta of 0.33.

About Kistos

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.