Capricorn Energy (LON:CNE) Hits New 1-Year High – Time to Buy?

Capricorn Energy PLC (LON:CNEGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 380 and last traded at GBX 378, with a volume of 49663 shares trading hands. The stock had previously closed at GBX 378.

Capricorn Energy Price Performance

The company’s 50-day moving average is GBX 345.41 and its 200-day moving average is GBX 314.66. The firm has a market capitalization of £259.56 million, a price-to-earnings ratio of 14.54, a PEG ratio of -1.92 and a beta of 0.26. The company has a debt-to-equity ratio of 12.32, a current ratio of 2.44 and a quick ratio of 6.29.

Capricorn Energy Company Profile

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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

Further Reading

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