Capricorn Energy (LON:CNE) Reaches New 1-Year High – Should You Buy?

Capricorn Energy PLC (LON:CNE – Get Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as GBX 338 and last traded at GBX 331, with a volume of 195436 shares traded. The stock had previously closed at GBX 317.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “buy” rating on shares of Capricorn Energy in a report on Thursday, April 23rd. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of GBX 369.33.

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Capricorn Energy Stock Performance

The stock’s 50-day moving average is GBX 314.96 and its 200-day moving average is GBX 258.79. The firm has a market capitalization of £227.28 million, a price-to-earnings ratio of 12.73, a PEG ratio of -1.92 and a beta of 0.28. The company has a current ratio of 2.44, a quick ratio of 6.29 and a debt-to-equity ratio of 12.32.

Capricorn Energy Company Profile

(Get Free Report)

Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Egyptian Western Desert.

Capricorn is headquartered in Edinburgh, Scotland.

For further information please see: www.capricornenergy.com

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