Capricorn Energy (LON:CNE) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Shares of Capricorn Energy PLC (LON:CNE) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 256.34 ($3.30) and traded as high as GBX 258.50 ($3.33). Capricorn Energy shares last traded at GBX 244.50 ($3.15), with a volume of 31,954 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of Capricorn Energy in a research report on Monday, March 17th.

Capricorn Energy Stock Up 4.1 %

The stock has a 50 day moving average price of GBX 285.44 and a 200 day moving average price of GBX 256.61. The company has a market cap of £224.43 million, a P/E ratio of -2.52, a P/E/G ratio of -1.92 and a beta of 1.35. The company has a debt-to-equity ratio of 32.44, a quick ratio of 6.29 and a current ratio of 2.56.

About Capricorn Energy