Block Energy (LON:BLOE) Reaches New 52-Week High at $1.58

Block Energy Plc (LON:BLOEGet Free Report) reached a new 52-week high on Wednesday . The stock traded as high as GBX 1.58 ($0.02) and last traded at GBX 1.40 ($0.02), with a volume of 7486654 shares. The stock had previously closed at GBX 1.35 ($0.02).

Block Energy Stock Performance

The company has a current ratio of 2.38, a quick ratio of 0.71 and a debt-to-equity ratio of 7.10. The stock has a market capitalization of £10.96 million, a PE ratio of -1.19 and a beta of 0.51. The firm’s 50-day simple moving average is GBX 1 and its two-hundred day simple moving average is GBX 0.99.

Block Energy Company Profile

(Get Free Report)

Block Energy Plc explores for, develops, and produces oil and gas in the Republic of Georgia. The company owns 100% working interests in West Rustavi, Block IX, Block XI, and Norio onshore oil and gas fields; and 90% working interest in Satskhenisi onshore oil field located in Kura basin. The company was formerly known as Goldcrest Resources Plc and changed its name to Block Energy Plc in May 2017.

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