Shares of 88 Energy Limited (LON:88E – Get Free Report) reached a new 52-week low during trading on Tuesday. The stock traded as low as GBX 0.90 and last traded at GBX 0.90, with a volume of 6,918,884 shares trading hands. The stock had previously closed at GBX 1.
88 Energy Price Performance
The company has a market capitalization of £11.98 million, a price-to-earnings ratio of -0.31 and a beta of 0.88. The business’s 50-day moving average price is GBX 1.10 and its two-hundred day moving average price is GBX 1.19.
About 88 Energy
88 Energy is a multi-listed (ASX:88E,AIM:88E, OTC:EEENF) oil and gas exploration and production company with a North American focus.
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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