88 Energy Limited (LON:88E – Get 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
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.
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