Echo Energy (LON:ECHO) Rating Reiterated by Shore Capital

Echo Energy (LON:ECHO)‘s stock had its “house stock” rating reaffirmed by analysts at Shore Capital in a research report issued to clients and investors on Monday, Digital Look reports.

Echo Energy stock opened at GBX 0.75 ($0.01) on Monday. The stock has a market cap of $5.34 million and a price-to-earnings ratio of -0.29. The company has a current ratio of 1.39, a quick ratio of 1.28 and a debt-to-equity ratio of 1,867.95. The company’s 50-day moving average price is GBX 0.72 and its two-hundred day moving average price is GBX 1.27. Echo Energy has a 52 week low of GBX 0.18 ($0.00) and a 52 week high of GBX 4.13 ($0.05).

About Echo Energy

Echo Energy plc, through its subsidiaries, focuses on developing as an exploration, gas focused E&P company in Latin America. It engages in the appraisal of oil and gas exploration permits; and holding Argentinian and Bolivian branch assets. The company was formerly known as Independent Resources plc.

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