Bowleven plc (BLVN.L) (LON:BLVN) Shares Gap Up to $4.55

Bowleven plc (BLVN.L) (LON:BLVN) shares gapped up before the market opened on Tuesday . The stock had previously closed at $4.55, but opened at $4.99. Bowleven plc (BLVN.L) shares last traded at $4.48, with a volume of 55,883 shares traded.

The company has a current ratio of 9.90, a quick ratio of 8.13 and a debt-to-equity ratio of 0.02. The stock has a market capitalization of £15.05 million and a price-to-earnings ratio of -5.21. The stock has a 50-day moving average price of GBX 4.40 and a 200 day moving average price of GBX 4.09.

About Bowleven plc (BLVN.L) (LON:BLVN)

Bowleven plc engages in the exploration and appraisal of oil and gas properties in Africa. The company holds a 25% interest in the offshore shallow water Etinde permit that covers an area of approximately 461 square kilometers located in Cameroon. Bowleven plc was incorporated in 2001 and is based in Edinburgh, the United Kingdom.

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