Kistos (LON:KIST) Trading Down 3% - What's Next?

Kistos Holdings Plc (LON:KIST - Get Free Report) shares were down 3% during mid-day trading on Wednesday . The company traded as low as GBX 130 ($1.71) and last traded at GBX 130 ($1.71). Approximately 20,531 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 240,910 shares. The stock had previously closed at GBX 134 ($1.77).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a "buy" rating and set a GBX 230 ($3.03) target price on shares of Kistos in a research note on Tuesday, April 15th.

Kistos Price Performance

The stock has a market capitalization of £143.61 million, a price-to-earnings ratio of -2.68 and a beta of 0.33. The company has a debt-to-equity ratio of 264.33, a current ratio of 1.80 and a quick ratio of 2.33. The business has a fifty day moving average of GBX 127.85 and a 200 day moving average of GBX 120.53.

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.