Shares of Block Energy Plc (LON:BLOE – Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 1.80 ($0.02) and last traded at GBX 1.60 ($0.02), with a volume of 3568019 shares changing hands. The stock had previously closed at GBX 1.50 ($0.02).
Block Energy Stock Performance
The company has a debt-to-equity ratio of 7.10, a quick ratio of 0.71 and a current ratio of 2.38. The stock has a market capitalization of £11.62 million, a P/E ratio of -1.19 and a beta of 0.51. The business has a 50-day moving average price of GBX 1.02 and a 200 day moving average price of GBX 1.
About Block Energy
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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