Kistos (LON:KIST) Stock Price Down 0.2% – Here’s Why

Shares of Kistos Holdings Plc (LON:KIST) were down 0.2% during trading on Friday . The stock traded as low as GBX 275 and last traded at GBX 277. 169,515 shares were traded during mid-day trading, a decline of 35% from the average session volume of 260,958 shares. The stock had previously closed at GBX 277.50.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 325 price target on shares of Kistos in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 325.

Kistos Trading Down 0.2%

The firm has a market capitalization of £230.24 million, a price-to-earnings ratio of -138.50 and a beta of 0.45. The company has a debt-to-equity ratio of 656.21, a quick ratio of 2.33 and a current ratio of 0.90. The company has a 50-day moving average price of GBX 267.63 and a 200-day moving average price of GBX 253.78.

Kistos (LON:KIST) last issued its earnings results on Friday, June 26th. The company reported GBX (0.02) earnings per share for the quarter. The business had revenue of £212.94 million for the quarter. Kistos had a negative return on equity of 6.64% and a negative net margin of 1.13%. As a group, research analysts forecast that Kistos Holdings Plc will post 0.68 EPS for the current fiscal year.

Insider Buying and Selling

In other Kistos news, insider James Thomson sold 15,601 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of GBX 286, for a total value of £44,618.86. 15.02% of the stock is owned by corporate insiders.

About Kistos

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.