Capricorn Energy (LON:CNE) Hits New 12-Month High – Here’s What Happened

Capricorn Energy PLC (LON:CNE) hit a new 52-week high during trading on Monday . The company traded as high as GBX 338 and last traded at GBX 331, with a volume of 195436 shares traded. The stock had previously closed at GBX 317.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reaffirmed a “buy” rating on shares of Capricorn Energy in a research report on Thursday, April 23rd. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Capricorn Energy has an average rating of “Buy” and a consensus price target of GBX 369.33.

Capricorn Energy Stock Down 0.9%

The firm has a 50 day simple moving average of GBX 317.24 and a two-hundred day simple moving average of GBX 260.62. The stock has a market capitalization of £221.17 million, a P/E ratio of 12.39, a PEG ratio of -1.92 and a beta of 0.28. The company has a quick ratio of 6.29, a current ratio of 2.44 and a debt-to-equity ratio of 12.32.

Capricorn Energy Company Profile

Capricorn is a cash flow-focused energy producer, with an attractive portfolio of onshore exploration, development and production assets in the Egyptian Western Desert.

Capricorn is headquartered in Edinburgh, Scotland.

For further information please see: www.capricornenergy.com