Capricorn Energy PLC (LON:CNE – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 179.92 ($2.35) and traded as high as GBX 219.19 ($2.87). Capricorn Energy shares last traded at GBX 208 ($2.72), with a volume of 44,071 shares.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group raised their target price on shares of Capricorn Energy from GBX 240 ($3.14) to GBX 260 ($3.40) and gave the company a “speculative buy” rating in a report on Wednesday, July 10th.
View Our Latest Report on Capricorn Energy
Capricorn Energy Stock Up 0.7 %
About Capricorn Energy
Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas. It holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.
Further Reading
- Five stocks we like better than Capricorn Energy
- Stock Market Upgrades: What Are They?
- Powering Your Portfolio: The Utility Sector’s Electrifying Surge
- What is the NASDAQ Stock Exchange?
- Adobe Stock Builds Long-Term Value: Consider Buying on the Dip
- Best Stocks Under $5.00
- Albemarle Jumps as Lithium Stock Buying Frenzy Takes Off
Receive News & Ratings for Capricorn Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capricorn Energy and related companies with MarketBeat.com's FREE daily email newsletter.