Energean (LON:ENOG) Insider Purchases £37,750 in Stock

Energean plc (LON:ENOG) insider Andreas Persianis purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were acquired at an average price of GBX 755 per share, with a total value of £37,750.

Energean Stock Up 0.6%

ENOG stock opened at GBX 732.94 on Friday. The company has a current ratio of 0.79, a quick ratio of 1.42 and a debt-to-equity ratio of 2,560.13. The company’s 50 day moving average is GBX 733.49 and its 200 day moving average is GBX 819.76. The stock has a market cap of £1.35 billion, a price-to-earnings ratio of -4.56 and a beta of 0.24. Energean plc has a 1-year low of GBX 674.50 and a 1-year high of GBX 1,042.

Analyst Upgrades and Downgrades

ENOG has been the subject of several research analyst reports. Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 680 price target on shares of Energean in a research note on Thursday, May 21st. Stifel Nicolaus restated a “buy” rating and issued a GBX 950 target price on shares of Energean in a research report on Wednesday, May 20th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 765 price target on shares of Energean in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of GBX 798.33.

About Energean

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license. The company was formerly known as Energean Oil & Gas plc and changed its name to Energean plc in May 2020. Energean plc was founded in 2007 and is based in London, the United Kingdom.