Block Energy Plc (LON:BLOE – Get Free Report) shares traded up 12.5% during trading on Wednesday . The stock traded as high as GBX 1.80 ($0.02) and last traded at GBX 1.80 ($0.02). 859,891 shares were traded during trading, a decline of 57% from the average session volume of 2,002,725 shares. The stock had previously closed at GBX 1.60 ($0.02).
Block Energy Stock Down 5.6 %
The company has a current ratio of 2.38, a quick ratio of 0.71 and a debt-to-equity ratio of 7.10. The business’s fifty day moving average price is GBX 1.21 and its two-hundred day moving average price is GBX 1.05. The firm has a market cap of £11.97 million, a P/E ratio of -1.19 and a beta of 0.51.
About Block Energy
Block Energy Plc explores for, develops, and produces oil and gas in the Republic of Georgia. The company owns 100% working interests in West Rustavi, Block IX, Block XI, and Norio onshore oil and gas fields; and 90% working interest in Satskhenisi onshore oil field located in Kura basin. The company was formerly known as Goldcrest Resources Plc and changed its name to Block Energy Plc in May 2017.
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