Afentra’s (AET) Buy Rating Reiterated at Shore Capital

Afentra (LON:AET)‘s stock had its “buy” rating restated by investment analysts at Shore Capital in a research note issued on Thursday,Digital Look reports.

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 90 ($1.12) target price on shares of Afentra in a research report on Thursday, January 23rd.

Afentra Stock Performance

LON AET traded up GBX 0.10 ($0.00) during trading on Thursday, reaching GBX 47.80 ($0.60). 758,617 shares of the company’s stock were exchanged, compared to its average volume of 822,905. The company has a debt-to-equity ratio of 85.96, a current ratio of 0.78 and a quick ratio of 28.92. The business has a 50 day moving average price of GBX 47.38 and a 200-day moving average price of GBX 48.64. The stock has a market capitalization of £108.10 million, a P/E ratio of 682.86 and a beta of 0.10. Afentra has a fifty-two week low of GBX 36.15 ($0.45) and a fifty-two week high of GBX 62.54 ($0.78).

Afentra Company Profile

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.