Block Energy Plc (LON:BLOE – Get Free Report)’s stock price rose 23.1% on Tuesday . The company traded as high as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). Approximately 2,868,650 shares changed hands during mid-day trading, an increase of 71% from the average daily volume of 1,680,562 shares. The stock had previously closed at GBX 0.65 ($0.01).
Block Energy Stock Up 33.4 %
The company has a market capitalization of £6.28 million, a price-to-earnings ratio of -1.19 and a beta of 0.27. The company has a quick ratio of 0.71, a current ratio of 3.26 and a debt-to-equity ratio of 7.70. The firm has a 50 day moving average price of GBX 0.73 and a two-hundred day moving average price of GBX 0.86.
About Block Energy
Led by a management team with unrivalled experience in the Caucasus, Block’s aim is to deliver near and medium-term cashflows for reinvestment into medium and longer-term high impact opportunities, though a four-project strategy.
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