Afentra (LON:AET) Insider Sells 100,000 Shares

Afentra plc (LON:AET) insider Anastasia Deulina sold 100,000 shares of the stock in a transaction on Thursday, July 9th. The stock was sold at an average price of GBX 59, for a total transaction of £59,000.

Anastasia Deulina also recently made the following trade(s):

• On Thursday, July 9th, Anastasia Deulina purchased 75,853 shares of Afentra stock. The shares were purchased at an average price of GBX 60 per share, for a total transaction of £45,511.80.

Afentra Stock Up 0.7%

AET opened at GBX 60.10 on Friday. The company has a fifty day moving average of GBX 68.20 and a two-hundred day moving average of GBX 62.36. The stock has a market capitalization of £161.74 million, a price-to-earnings ratio of -42.93 and a beta of 0.09. Afentra plc has a fifty-two week low of GBX 36.70 and a fifty-two week high of GBX 89.40. The company has a debt-to-equity ratio of 34.12, a quick ratio of 28.92 and a current ratio of 0.56.

Analyst Upgrades and Downgrades

AET has been the subject of a number of analyst reports. Shore Capital Group reaffirmed a “buy” rating on shares of Afentra in a report on Thursday, April 23rd. Canaccord Genuity Group raised Afentra to a “buy” rating and upped their target price for the stock from GBX 80 to GBX 115 in a research note on Thursday, April 2nd. Three research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of GBX 104.33.

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. Afentra plc was formerly known as Sterling Energy plc and changed its name to Afentra plc in May 2021. The company was incorporated in 1983 and is based in London, the United Kingdom.