Capricorn Energy (LON:CNE) Reaches New 12-Month High – Here’s What Happened

Shares of Capricorn Energy PLC (LON:CNE) reached a new 52-week high on Wednesday . The stock traded as high as GBX 320 ($3.91) and last traded at GBX 318.50 ($3.89), with a volume of 49000 shares traded. The stock had previously closed at GBX 315 ($3.85).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and set a GBX 260 ($3.17) target price on shares of Capricorn Energy in a research report on Tuesday, September 24th.

Capricorn Energy Trading Up 3.9 %

The stock’s 50 day simple moving average is GBX 255.93 and its two-hundred day simple moving average is GBX 223.29. The stock has a market capitalization of £230.77 million, a PE ratio of -767.44, a PEG ratio of -1.92 and a beta of 1.35. The company has a debt-to-equity ratio of 32.44, a current ratio of 2.56 and a quick ratio of 6.29.

Capricorn Energy Company Profile