Shore Capital reiterated their buy rating on shares of Capricorn Energy (LON:CNE - Free Report) in a research report report published on Tuesday morning, MarketBeat.com reports.
Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 285 ($3.83) price objective on shares of Capricorn Energy in a report on Thursday, May 8th.
Check Out Our Latest Stock Report on Capricorn Energy
Capricorn Energy Price Performance
Capricorn Energy stock remained flat at GBX 230 ($3.09) during midday trading on Tuesday. 11,014 shares of the company traded hands, compared to its average volume of 59,077. The firm has a 50 day moving average price of GBX 229.59 and a two-hundred day moving average price of GBX 250.58. Capricorn Energy has a twelve month low of GBX 180.57 ($2.43) and a twelve month high of GBX 341.77 ($4.59). The stock has a market capitalization of £203.22 million, a PE ratio of -2.28, a PEG ratio of -1.92 and a beta of 1.35. The company has a debt-to-equity ratio of 32.44, a current ratio of 2.56 and a quick ratio of 6.29.
Insiders Place Their Bets
In other news, insider Sachin Mistry bought 6,491 shares of the stock in a transaction that occurred on Monday, April 28th. The shares were acquired at an average cost of GBX 222 ($2.98) per share, for a total transaction of £14,410.02 ($19,365.70). Insiders own 1.01% of the company's stock.
Capricorn Energy Company Profile
(
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Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Egyptian Western Desert.
Capricorn is headquartered in Edinburgh, Scotland.
For further information please see: www.capricornenergy.com
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