Eland Oil & Gas (LON:ELA) Rating Reiterated by Peel Hunt

Share on StockTwits

Eland Oil & Gas (LON:ELA)‘s stock had its “buy” rating reiterated by investment analysts at Peel Hunt in a report issued on Wednesday, ThisIsMoney.Co.Uk reports.

Shares of ELA opened at GBX 124.40 ($1.63) on Wednesday. Eland Oil & Gas has a 12-month low of GBX 94.60 ($1.24) and a 12-month high of GBX 138.50 ($1.81). The stock has a 50-day moving average price of GBX 124.34. The company has a current ratio of 1.20, a quick ratio of 1.11 and a debt-to-equity ratio of 15.05. The firm has a market cap of $269.87 million and a PE ratio of 4.78.

In related news, insider George Walter Mitchell Maxwell purchased 8,345 shares of the firm’s stock in a transaction dated Tuesday, June 25th. The stock was bought at an average price of GBX 120 ($1.57) per share, with a total value of £10,014 ($13,085.06).

Eland Oil & Gas Company Profile

Eland Oil & Gas PLC, together with its subsidiaries, engages in development, exploration, and production of oil and gas properties in West Africa. The company primarily holds interests in the OML 40 license, which covers an area of 498 square kilometers located in the Niger Delta; and a 40% interest in the Ubima field that covers an area of 65 square kilometers located in the northern part of Rivers State.

Featured Story: How does inflation affect different investments?

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



Latest News

Liberum Capital Lowers Superdry  Price Target to GBX 500
Liberum Capital Lowers Superdry Price Target to GBX 500
Grafton Group  Rating Reiterated by Liberum Capital
Grafton Group Rating Reiterated by Liberum Capital
GlaxoSmithKline  Stock Rating Reaffirmed by Shore Capital
GlaxoSmithKline Stock Rating Reaffirmed by Shore Capital
Eland Oil & Gas  Rating Reiterated by Peel Hunt
Eland Oil & Gas Rating Reiterated by Peel Hunt
Serco Group  Price Target Raised to GBX 160 at UBS Group
Serco Group Price Target Raised to GBX 160 at UBS Group
Ten Entertainment Group’s  Buy Rating Reiterated at Liberum Capital
Ten Entertainment Group’s Buy Rating Reiterated at Liberum Capital


© 2006-2019 Ticker Report