Beacon Energy (LON:BCE) Stock Price Up 32% – Here’s What Happened

Beacon Energy plc (LON:BCE – Get Free Report)’s stock price was up 32% on Friday. The stock traded as high as GBX 3.42 and last traded at GBX 3.17. 952,696 shares changed hands during mid-day trading, an increase of 658% from the average daily volume of 125,696 shares. The stock had previously closed at GBX 2.40.

Beacon Energy Price Performance

The firm has a market capitalization of £2.99 million, a price-to-earnings ratio of -0.68 and a beta of -0.30. The stock’s fifty day moving average is GBX 2.73 and its two-hundred day moving average is GBX 2.61.

Insider Buying and Selling at Beacon Energy

In other Beacon Energy news, insider Stewart Macdonald acquired 130,989 shares of the stock in a transaction dated Wednesday, October 7th. The stock was purchased at an average cost of GBX 2 per share, with a total value of £2,619.78. Company insiders own 5.94% of the company’s stock.

Beacon Energy Company Profile

(Get Free Report)

Beacon Energy plc is an international upstream oil & gas company with a fresh approach.

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