Energean (LON:ENOG) Shares Up 1.5%

Shares of Energean plc (LON:ENOG) traded up 1.5% on Wednesday . The stock traded as high as GBX 953.50 ($12.39) and last traded at GBX 953.50 ($12.39). 337,250 shares traded hands during trading, a decline of 14% from the average session volume of 391,473 shares. The stock had previously closed at GBX 939 ($12.20).

Analyst Ratings Changes

Separately, Berenberg Bank raised their target price on shares of Energean from GBX 1,425 ($18.52) to GBX 1,565 ($20.34) and gave the company a “neutral” rating in a report on Thursday, May 23rd.

Energean Trading Up 1.0 %

The business’s fifty day moving average is GBX 997.20 and its 200-day moving average is GBX 1,042.40. The company has a debt-to-equity ratio of 478.97, a quick ratio of 1.42 and a current ratio of 0.95. The firm has a market cap of £1.71 billion, a P/E ratio of 911.76 and a beta of 0.86.

Insider Activity

In other news, insider Andrew Donald Bartlett purchased 5,554 shares of the business’s stock in a transaction on Tuesday, July 30th. The shares were acquired at an average price of GBX 998 ($12.97) per share, with a total value of £55,428.92 ($72,023.02). Insiders own 24.38% of the company’s stock.

About Energean

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.