Kistos (LON:KIST) Shares Up 0.7% – What’s Next?

Kistos Holdings Plc (LON:KIST) rose 0.7% during mid-day trading on Tuesday . The company traded as high as GBX 285 and last traded at GBX 282. 101,384 shares were traded during trading, a decline of 59% from the average session volume of 244,797 shares. The stock had previously closed at GBX 280.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 325 price objective on shares of Kistos in a research report on Tuesday, July 28th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, Kistos presently has a consensus rating of “Buy” and an average price target of GBX 325.

Kistos Price Performance

The company has a debt-to-equity ratio of 656.21, a current ratio of 0.90 and a quick ratio of 2.33. The company’s 50 day simple moving average is GBX 262.62 and its 200 day simple moving average is GBX 264.91. The company has a market capitalization of £234.39 million, a PE ratio of -141.00 and a beta of 0.45.

Kistos (LON:KIST) last issued its quarterly earnings data on Friday, June 26th. The company reported GBX (0.02) earnings per share for the quarter. Kistos had a negative return on equity of 6.64% and a negative net margin of 1.13%.The company had revenue of £212.94 million for the quarter. As a group, sell-side analysts predict that Kistos Holdings Plc will post 0.68 earnings per share for the current year.

Kistos Company Profile

Kistos is an independent, integrated energy company with upstream and midstream operations across international markets.

Our operations span the UK, Norway, and the Netherlands. Kistos’ investments across the value chain include upstream operations, both offshore and onshore, and the operation of critical infrastructure to process and store hydrocarbons for ready deployment in the energy market.

Central to our approach is operating with industry-leading sustainability and social responsibility credentials.