Arrow Exploration (LON:AXL) Trading Up 0.5%

Arrow Exploration Corp. (LON:AXL)’s stock price traded up 0.5% during trading on Friday . The company traded as high as GBX 22.50 ($0.28) and last traded at GBX 22.10 ($0.28). 404,906 shares were traded during mid-day trading, a decline of 49% from the average session volume of 790,186 shares. The stock had previously closed at GBX 22 ($0.27).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 44 ($0.55) target price on shares of Arrow Exploration in a research report on Thursday, March 28th.

Arrow Exploration Price Performance

The company has a quick ratio of 1.65, a current ratio of 1.40 and a debt-to-equity ratio of 0.76. The stock has a 50-day simple moving average of GBX 22.99 and a 200 day simple moving average of GBX 19.83. The company has a market cap of £63.18 million, a PE ratio of 736.67 and a beta of 1.43.

About Arrow Exploration

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.