Arrow Exploration (LON:AXL) Stock Price Up 2.8%

Shares of Arrow Exploration Corp. (LON:AXLGet Free Report) traded up 2.8% during trading on Monday . The company traded as high as GBX 18.95 ($0.24) and last traded at GBX 18.50 ($0.23). 394,408 shares changed hands during trading, a decline of 41% from the average session volume of 669,082 shares. The stock had previously closed at GBX 18 ($0.23).

Analyst Ratings Changes

Separately, Canaccord Genuity Group increased their price target on Arrow Exploration from GBX 42 ($0.53) to GBX 46 ($0.58) and gave the stock a “buy” rating in a research report on Wednesday, November 29th.

Get Our Latest Stock Report on Arrow Exploration

Arrow Exploration Price Performance

The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.65 and a current ratio of 1.40. The stock’s 50 day simple moving average is GBX 17.97 and its two-hundred day simple moving average is GBX 18.34. The firm has a market capitalization of £54.17 million, a PE ratio of 616.67 and a beta of 1.38.

About Arrow Exploration

(Get Free Report)

Arrow Exploration Corp., a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. Arrow Exploration Corp. is headquartered in Calgary, Canada.

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