Capricorn Energy (LON:CNE) Hits New 12-Month High – Still a Buy?

Shares of Capricorn Energy PLC (LON:CNE) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 341.77 ($4.18) and last traded at GBX 330 ($4.04), with a volume of 71443 shares traded. The stock had previously closed at GBX 325 ($3.98).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 260 ($3.18) price target on shares of Capricorn Energy in a research note on Tuesday, September 24th.

Capricorn Energy Stock Up 1.5 %

The firm has a market cap of £230.77 million, a PE ratio of -767.44, a PEG ratio of -1.92 and a beta of 1.35. The business’s 50 day moving average price is GBX 267.38 and its 200 day moving average price is GBX 228.47. The company has a debt-to-equity ratio of 32.44, a current ratio of 2.56 and a quick ratio of 6.29.

About Capricorn Energy