Angus Energy (LON:ANGS) Shares Down 4.6%

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Angus Energy PLC (LON:ANGS) dropped 4.6% during mid-day trading on Friday . The stock traded as low as GBX 0.76 ($0.01) and last traded at GBX 0.83 ($0.01), approximately 1,623,872 shares traded hands during trading. A decline of 50% from the average daily volume of 3,240,000 shares. The stock had previously closed at GBX 0.88 ($0.01).

The firm has a market cap of $4.33 million and a price-to-earnings ratio of -0.89. The company’s 50-day moving average is GBX 1.13 and its 200-day moving average is GBX 2.13.

In other news, insider George Lucan purchased 719,082 shares of Angus Energy stock in a transaction that occurred on Wednesday, September 25th. The shares were acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £7,190.82 ($9,396.08).

About Angus Energy (LON:ANGS)

Angus Energy plc, an investment holding company, engages in the development, production, and distribution of hydrocarbons to third parties in the United Kingdom. It owns and operates the Brockham and Lidsey oil fields. The company was incorporated in 2015 and is based in London, the United Kingdom.

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