Insider Buying: Angus Energy plc (LON:ANGS) Insider Acquires £50,000 in Stock

Angus Energy plc (LON:ANGS) insider Richard Herbert acquired 5,000,000 shares of the business’s stock in a transaction on Tuesday, April 16th. The stock was purchased at an average price of GBX 1 ($0.01) per share, for a total transaction of £50,000 ($62,243.25).

Angus Energy Price Performance

ANGS opened at GBX 0.41 ($0.01) on Friday. The company has a 50-day moving average of GBX 0.38 and a 200-day moving average of GBX 0.49. The company has a market capitalization of £18.00 million, a P/E ratio of 13.67 and a beta of 0.19. Angus Energy plc has a 1-year low of GBX 0.28 ($0.00) and a 1-year high of GBX 1.80 ($0.02). The company has a debt-to-equity ratio of 45.31, a quick ratio of 0.59 and a current ratio of 0.14.

About Angus Energy

Angus Energy plc operates as a independent onshore oil and gas company in the United Kingdom. It engages in the extraction and distribution of oil and gas to third parties. The company owns 100% interest in the Saltfleetby Gas Field comprising one license covering an area of 91.8 square kilometers located Lincolnshire; and 25% interest in the Balcombe Field consisting of one license, which covers an area of 154 square kilometers located in Weald Basin, the United Kingdom.