Capricorn Energy (LON:CNE) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Capricorn Energy PLC (LON:CNEGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 272.73 and traded as high as GBX 298. Capricorn Energy shares last traded at GBX 288, with a volume of 94,507 shares traded.

Analyst Ratings Changes

Separately, Shore Capital Group reaffirmed a “buy” rating on shares of Capricorn Energy in a research report on Thursday, April 23rd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, Capricorn Energy presently has a consensus rating of “Buy” and a consensus price target of GBX 369.33.

Get Our Latest Analysis on CNE

Capricorn Energy Price Performance

The stock has a market capitalization of £237.58 million, a P/E ratio of 13.31, a price-to-earnings-growth ratio of -1.92 and a beta of 0.28. The business’s 50 day simple moving average is GBX 312.23 and its two-hundred day simple moving average is GBX 273.80. The company has a quick ratio of 6.29, a current ratio of 2.44 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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