Shares of Block Energy Plc (LON:BLOE – Get Free Report) were up 12.5% during trading on Wednesday . The company traded as high as GBX 1.80 ($0.02) and last traded at GBX 1.80 ($0.02). 859,891 shares changed hands during trading, a decline of 57% from the average daily volume of 2,002,725 shares. The stock had previously closed at GBX 1.60 ($0.02).
Block Energy Price Performance
The company has a debt-to-equity ratio of 7.10, a quick ratio of 0.71 and a current ratio of 2.38. The company has a market capitalization of £13.03 million, a P/E ratio of -1.19 and a beta of 0.51. The firm’s fifty day moving average is GBX 1.18 and its 200 day moving average is GBX 1.04.
Block Energy Company Profile
Block Energy Plc explores for, develops, and produces oil and gas in the Republic of Georgia. The company owns 100% working interests in West Rustavi, Block IX, Block XI, and Norio onshore oil and gas fields; and 90% working interest in Satskhenisi onshore oil field located in Kura basin. The company was formerly known as Goldcrest Resources Plc and changed its name to Block Energy Plc in May 2017.
Featured Articles
- Five stocks we like better than Block Energy
- Investing In Automotive Stocks
- Garmin Navigates to New Highs Driven By Wearables Trend
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Pinterest Prospers From AI Boosting Shop-Ability and Relevance
- There Are Different Types of Stock To Invest In
- AbbVie Tracking for New Highs in 2024
Receive News & Ratings for Block Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Block Energy and related companies with MarketBeat.com's FREE daily email newsletter.
