Lekoil Ltd (LON:LEK) traded up 7.5% during mid-day trading on Friday . The company traded as high as GBX 9.56 ($0.12) and last traded at GBX 9.56 ($0.12). 427,046 shares were traded during mid-day trading, a decline of 17% from the average session volume of 512,504 shares. The stock had previously closed at GBX 8.89 ($0.12).
The stock has a market capitalization of $47.70 million and a price-to-earnings ratio of 2.66. The company has a quick ratio of 0.47, a current ratio of 1.21 and a debt-to-equity ratio of 12.35.
Lekoil Company Profile (LON:LEK)
Lekoil Limited explores for, develops, and produces petroleum oil and natural gas in Nigeria, Namibia, Cayman, and internationally. The company owns a 40% interest in the Otakikpo marginal field located in the south-eastern part of the Niger Delta; and a 40% interest in the OPL 310 block located in the Upper Cretaceous fairway that runs along the West African Transform Margin.
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