Capricorn Energy (LON:CNE) Given “Buy” Rating at Shore Capital Group

Capricorn Energy (LON:CNE)‘s stock had its “buy” rating reaffirmed by Shore Capital Group in a research note issued to investors on Thursday,London Stock Exchange reports.

Separately, Peel Hunt restated a “buy” rating and issued a GBX 310 price target on shares of Capricorn Energy in a report on Thursday, January 8th. Three equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Capricorn Energy has a consensus rating of “Buy” and an average target price of GBX 369.33.

Capricorn Energy Price Performance

Capricorn Energy stock traded down GBX 4 during mid-day trading on Thursday, reaching GBX 308. The company had a trading volume of 103,630 shares, compared to its average volume of 241,750. The stock’s 50-day simple moving average is GBX 283.52 and its 200-day simple moving average is GBX 233.66. Capricorn Energy has a 1 year low of GBX 181.80 and a 1 year high of GBX 338.50. The company has a debt-to-equity ratio of 12.32, a current ratio of 2.44 and a quick ratio of 6.29. The company has a market capitalization of £211.25 million, a P/E ratio of 11.85, a P/E/G ratio of -1.92 and a beta of 0.27.

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