88 Energy Limited (LON:88E – Get Free Report) shares shot up 14.8% on Monday . The company traded as high as GBX 1.38 and last traded at GBX 1.38. 462,955 shares were traded during trading, a decline of 75% from the average session volume of 1,879,285 shares. The stock had previously closed at GBX 1.20.
88 Energy Stock Performance
The stock has a market capitalization of £18.34 million, a P/E ratio of -0.30 and a beta of 0.88. The stock’s fifty day simple moving average is GBX 1.41 and its two-hundred day simple moving average is GBX 1.23.
About 88 Energy
88E has operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. The Company has been operating on the North Slope of Alaska since 2015, successfully drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position.
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