Shares of 88 Energy Limited (LON:88E – Get Free Report) rose 11.6% on Thursday. The stock traded as high as GBX 1.20 and last traded at GBX 1.20. 1,978,970 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 1,366,963 shares. The stock had previously closed at GBX 1.07.
88 Energy Stock Down 5.2%
The firm has a market cap of £15.15 million, a P/E ratio of -0.39 and a beta of 0.88. The business has a fifty day simple moving average of GBX 1.09 and a 200-day simple moving average of GBX 1.20.
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.
Featured Stories
- Five stocks we like better than 88 Energy
- MarketBeat Week in Review – 10/05 – 10/09
- Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
- Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
- Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
Receive News & Ratings for 88 Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 88 Energy and related companies with MarketBeat.com's FREE daily email newsletter.
