Shares of Caspian Sunrise plc (LON:CASP – Get Free Report) were down 24.1% on Friday. The stock traded as low as GBX 0.85 and last traded at GBX 1.02. 34,786,781 shares changed hands during trading, an increase of 4,034% from the average daily volume of 841,580 shares. The stock had previously closed at GBX 1.35.
Caspian Sunrise Price Performance
The stock has a fifty day moving average of GBX 1.90 and a 200-day moving average of GBX 2.11. The company has a quick ratio of 0.44, a current ratio of 1.80 and a debt-to-equity ratio of 7.16. The stock has a market capitalization of £24.13 million, a price-to-earnings ratio of 2.23 and a beta of 1.33.
About Caspian Sunrise
Caspian Sunrise plc engages in the exploration and production of oil and gas assets in Central Asia. The company operates through Exploration for and Production of Crude Oil; Onshore Drilling Services; and Offshore Drilling Services segments. It explores for and produces crude oil. The company holds a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan. It also offers onshore drilling and repair services; and offshore drilling services.
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