Capricorn Energy (LON:CNE) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Capricorn Energy PLC (LON:CNE) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 226.36 ($2.75) and traded as high as GBX 329.50 ($4.01). Capricorn Energy shares last traded at GBX 327 ($3.98), with a volume of 50,449 shares.

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 260 ($3.16) target price on shares of Capricorn Energy in a research note on Tuesday, September 24th.

Capricorn Energy Trading Up 1.5 %

The company has a current ratio of 2.56, a quick ratio of 6.29 and a debt-to-equity ratio of 32.44. The company has a market cap of £230.77 million, a price-to-earnings ratio of -767.44, a price-to-earnings-growth ratio of -1.92 and a beta of 1.35. The firm has a 50-day moving average price of GBX 269.70 and a 200 day moving average price of GBX 229.55.

Capricorn Energy Company Profile