Kistos (LON:KIST) Stock Price Up 3.8% – Here’s What Happened

Kistos Holdings Plc (LON:KIST)’s share price rose 3.8% on Wednesday . The stock traded as high as GBX 165 ($2.22) and last traded at GBX 162 ($2.18). Approximately 102,806 shares were traded during trading, a decline of 48% from the average daily volume of 196,641 shares. The stock had previously closed at GBX 156 ($2.10).

Analyst Upgrades and Downgrades

Separately, Berenberg Bank restated a “buy” rating and set a GBX 230 price objective on shares of Kistos in a research report on Wednesday, September 10th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of GBX 230.

Kistos Stock Performance

The company has a market cap of £134.24 million, a PE ratio of -257.14 and a beta of 0.33. The business’s 50-day moving average is GBX 164.59 and its 200 day moving average is GBX 153.97. The company has a debt-to-equity ratio of 264.33, a quick ratio of 2.33 and a current ratio of 1.80.

Kistos Company Profile

Kistos is an independent, integrated energy company with upstream and midstream operations across international markets.

Our operations span the UK, Norway, and the Netherlands. Kistos’ investments across the value chain include upstream operations, both offshore and onshore, and the operation of critical infrastructure to process and store hydrocarbons for ready deployment in the energy market.

Central to our approach is operating with industry-leading sustainability and social responsibility credentials.