IGas Energy (LON:IGAS) Share Price Crosses Above 200-Day Moving Average of $9.36

IGas Energy plc (LON:IGASGet Free Report)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 9.36 ($0.12) and traded as high as GBX 10.90 ($0.14). IGas Energy shares last traded at GBX 10.83 ($0.14), with a volume of 459,930 shares traded.

IGas Energy Stock Performance

The company has a market capitalization of £18.97 million, a P/E ratio of -108.30 and a beta of -0.04. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 28.35. The company’s 50 day moving average is GBX 8.56 and its 200-day moving average is GBX 9.36.

About IGas Energy

(Get Free Report)

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.

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