88 Energy Limited (LON:88E – Get Free Report)’s share price dropped 5.2% during trading on Tuesday . The stock traded as low as GBX 1 and last traded at GBX 1.01. Approximately 1,954,262 shares traded hands during trading, an increase of 32% from the average session volume of 1,480,916 shares. The stock had previously closed at GBX 1.06.
88 Energy Stock Down 4.5%
The company has a market capitalization of £13.98 million, a PE ratio of -0.23 and a beta of 0.88. The firm has a 50-day moving average of GBX 1.05 and a two-hundred day moving average of GBX 1.25.
About 88 Energy
88E has operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. The Company has been operating on the North Slope of Alaska since 2015, successfully drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position.
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