Capricorn Energy (LON:CNE) Share Price Crosses Above 200-Day Moving Average – Here’s Why

Shares of Capricorn Energy PLC (LON:CNEGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 226.36 ($2.77) and traded as high as GBX 329.50 ($4.03). Capricorn Energy shares last traded at GBX 327 ($4.00), with a volume of 50,449 shares.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 260 ($3.18) target price on shares of Capricorn Energy in a research note on Tuesday, September 24th.

Get Our Latest Analysis on Capricorn Energy

Capricorn Energy Trading Up 0.8 %

The company has a market cap of £230.42 million, a P/E ratio of -766.28, a P/E/G ratio of -1.92 and a beta of 1.35. The business has a fifty day simple moving average of GBX 265.14 and a 200 day simple moving average of GBX 227.44. The company has a debt-to-equity ratio of 32.44, a quick ratio of 6.29 and a current ratio of 2.56.

Capricorn Energy Company Profile

(Get Free Report)

Read More

Receive News & Ratings for Capricorn Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capricorn Energy and related companies with MarketBeat.com's FREE daily email newsletter.