Energean plc (OTCMKTS:EERGF – Get Free Report)’s share price shot up 4.5% during mid-day trading on Tuesday. The stock traded as high as $9.82 and last traded at $9.82. 100 shares traded hands during trading, a decline of 88% from the average daily volume of 819 shares. The stock had previously closed at $9.40.
Analysts Set New Price Targets
Separately, Jefferies Financial Group raised shares of Energean from an “underperform” rating to a “hold” rating in a research report on Monday, September 7th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.
Check Out Our Latest Analysis on Energean
Energean Price Performance
The business’s 50 day moving average is $9.88 and its 200 day moving average is $10.70.
About Energean
Energean plc is an independent oil and gas exploration and production company focused on the Mediterranean and surrounding regions. Its activities include discovering, developing and producing offshore hydrocarbon resources, with a portfolio weighted toward natural gas. The company produces natural gas, crude oil and natural gas liquids.
Founded in 2007, Energean began with operations in Greece and expanded across the Eastern Mediterranean and parts of Europe through exploration, development and acquisitions.
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