Longboat Energy (LON:LBE) Trading Up 3.6%

Longboat Energy plc (LON:LBEGet Free Report) shot up 3.6% during trading on Tuesday . The company traded as high as GBX 18.95 ($0.24) and last traded at GBX 18 ($0.23). 414,537 shares were traded during trading, an increase of 119% from the average session volume of 189,093 shares. The stock had previously closed at GBX 17.38 ($0.22).

Longboat Energy Trading Up 3.6 %

The business’s 50-day simple moving average is GBX 20.52 and its 200-day simple moving average is GBX 19.27. The company has a market cap of £10.28 million, a PE ratio of -62.07 and a beta of 0.48. The company has a current ratio of 1.26, a quick ratio of 2.60 and a debt-to-equity ratio of 177.95.

About Longboat Energy

(Get Free Report)

Longboat Energy plc, a full-cycle E&P company, focuses on acquiring oil and gas assets in Norway, Malaysia, and the United Kingdom. The company was incorporated in 2019 and is based in London, the United Kingdom.

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