Kistos (LON:KIST) Trading Down 3% - Should You Sell?

Kistos Holdings Plc (LON:KIST - Get Free Report)'s share price traded down 3% on Wednesday . The stock traded as low as GBX 130 ($1.73) and last traded at GBX 130 ($1.73). 20,531 shares traded hands during trading, a decline of 91% from the average session volume of 240,910 shares. The stock had previously closed at GBX 134 ($1.78).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 230 ($3.06) price target on shares of Kistos in a report on Tuesday, April 15th.

Kistos Stock Up 2.9 %

The business has a 50-day simple moving average of GBX 127.33 and a 200-day simple moving average of GBX 120.09. The company has a debt-to-equity ratio of 264.33, a quick ratio of 2.33 and a current ratio of 1.80. The company has a market cap of £141.64 million, a price-to-earnings ratio of -2.65 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.