IGas Energy (LON:IGAS) Trading Up 2.8% – Here’s What Happened

IGas Energy plc (LON:IGAS)’s stock price was up 2.8% during trading on Friday . The stock traded as high as GBX 15.48 ($0.20) and last traded at GBX 14.89 ($0.19). Approximately 131,260 shares were traded during trading, a decline of 73% from the average daily volume of 486,532 shares. The stock had previously closed at GBX 14.49 ($0.18).

IGas Energy Trading Up 2.8 %

The company has a quick ratio of 0.62, a current ratio of 0.65 and a debt-to-equity ratio of 28.35. The stock has a market capitalization of £18.97 million, a PE ratio of -148.90 and a beta of -0.04. The business’s 50-day moving average is GBX 14.89 and its two-hundred day moving average is GBX 13.58.

IGas Energy Company Profile

IGas Energy plc operates as an oil and gas development, exploration, processing, and production company in the United Kingdom. The company holds interests in the 50 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.