Afentra (LON:AET) Reaches New 52-Week Low – Here’s What Happened

Shares of Afentra plc (LON:AET) hit a new 52-week low on Thursday . The company traded as low as GBX 37 ($0.48) and last traded at GBX 37 ($0.48), with a volume of 1455300 shares. The stock had previously closed at GBX 39.50 ($0.51).

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Shore Capital reaffirmed a “buy” rating on shares of Afentra in a research report on Thursday, January 30th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 90 ($1.16) price target on shares of Afentra in a report on Thursday, January 23rd.

Afentra Stock Up 5.7 %

The firm has a market capitalization of £110.43 million, a price-to-earnings ratio of 558.57 and a beta of 0.10. The company has a debt-to-equity ratio of 85.96, a current ratio of 0.78 and a quick ratio of 28.92. The business has a fifty day moving average price of GBX 47.05 and a two-hundred day moving average price of GBX 47.29.

Afentra Company Profile

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.