88 Energy (LON:88E) Shares Up 14.8% – What’s Next?

88 Energy Limited (LON:88EGet Free Report)’s stock price was up 14.8% during trading on Monday . The company traded as high as GBX 1.38 and last traded at GBX 1.38. Approximately 462,955 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 1,879,285 shares. The stock had previously closed at GBX 1.20.

88 Energy Stock Performance

The stock’s 50 day moving average price is GBX 1.41 and its 200 day moving average price is GBX 1.23. The company has a market capitalization of £18.34 million, a P/E ratio of -0.30 and a beta of 0.88.

88 Energy Company Profile

(Get Free Report)

88 Energy is a multi-listed (ASX:88E,AIM:88E, OTC:EEENF) oil and gas exploration and production company with a North American focus.

88E has operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. The Company has been operating on the North Slope of Alaska since 2015, successfully drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position.

Further Reading

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