Block Energy Plc (LON:BLOE – Get Free Report)’s stock price traded down 4.9% on Monday . The stock traded as low as GBX 0.75 ($0.01) and last traded at GBX 0.75 ($0.01). 250,023 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 1,433,762 shares. The stock had previously closed at GBX 0.79 ($0.01).
Block Energy Stock Performance
The stock has a market capitalization of £5.78 million, a P/E ratio of -1.19 and a beta of 0.27. The company’s 50-day moving average is GBX 0.90 and its two-hundred day moving average is GBX 1.13. The company has a current ratio of 3.26, a quick ratio of 0.71 and a debt-to-equity ratio of 7.70.
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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