Capricorn Energy PLC (LON:CNE – Get Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 240.12 ($2.97) and traded as high as GBX 245.51 ($3.04). Capricorn Energy shares last traded at GBX 244.80 ($3.03), with a volume of 468,083 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank lifted their price target on shares of Capricorn Energy from GBX 225 ($2.79) to GBX 250 ($3.10) and gave the company a “hold” rating in a research report on Friday, September 30th.
Capricorn Energy Trading Up 0.4 %
The firm’s 50-day moving average is GBX 248.85 and its 200-day moving average is GBX 240.12. The company has a current ratio of 6.39, a quick ratio of 6.29 and a debt-to-equity ratio of 13.45. The firm has a market cap of £774.76 million and a price-to-earnings ratio of 176.12.
Capricorn Energy Company Profile
Capricorn Energy PLC operates as an independent oil and gas exploration, development, and production company. The company holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. Its activities focused in North West Europe, North and West Africa, and Latin America.
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