Angus Energy (LON:ANGS) Trading Up 15.5% – Still a Buy?

Shares of Angus Energy plc (LON:ANGS) rose 15.5% during trading on Monday . The stock traded as high as GBX 0.24 ($0.00) and last traded at GBX 0.24 ($0.00). Approximately 7,389,639 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 9,826,027 shares. The stock had previously closed at GBX 0.21 ($0.00).

Angus Energy Price Performance

The stock’s 50 day moving average price is GBX 0.26 and its two-hundred day moving average price is GBX 0.29. The stock has a market cap of £11.77 million, a price-to-earnings ratio of 1.29 and a beta of 0.19. The company has a quick ratio of 0.59, a current ratio of 0.58 and a debt-to-equity ratio of 45.51.

Angus Energy (LON:ANGS) last posted its earnings results on Friday, March 7th. The company reported GBX (0.10) ($0.00) earnings per share for the quarter. Angus Energy had a net margin of 34.71% and a return on equity of 19.55%.

About Angus Energy

Angus Energy plc operates as a independent onshore oil and gas company in the United Kingdom. It engages in the extraction and distribution of oil and gas to third parties. The company owns 100% interest in the Saltfleetby Gas Field comprising one license covering an area of 91.8 square kilometers located Lincolnshire; and 25% interest in the Balcombe Field consisting of one license, which covers an area of 154 square kilometers located in Weald Basin, the United Kingdom.