Block Energy Plc (LON:BLOE – Get Free Report) rose 12.5% during mid-day trading on Wednesday . The stock traded as high as GBX 1.80 ($0.02) and last traded at GBX 1.80 ($0.02). Approximately 859,891 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 2,002,725 shares. The stock had previously closed at GBX 1.60 ($0.02).
Block Energy Stock Performance
The stock has a fifty day moving average of GBX 1.18 and a 200-day moving average of GBX 1.04. The company has a quick ratio of 0.71, a current ratio of 2.38 and a debt-to-equity ratio of 7.10. The stock has a market capitalization of £13.03 million, a PE ratio of -1.19 and a beta of 0.51.
About Block Energy
Block Energy Plc explores for, develops, and produces oil and gas in the Republic of Georgia. The company owns 100% working interests in West Rustavi, Block IX, Block XI, and Norio onshore oil and gas fields; and 90% working interest in Satskhenisi onshore oil field located in Kura basin. The company was formerly known as Goldcrest Resources Plc and changed its name to Block Energy Plc in May 2017.
Featured Articles
- Five stocks we like better than Block Energy
- Insider Trades May Not Tell You What You Think
- Garmin Navigates to New Highs Driven By Wearables Trend
- 3 Small Caps With Big Return Potential
- Pinterest Prospers From AI Boosting Shop-Ability and Relevance
- What is the Australian Securities Exchange (ASX)
- AbbVie Tracking for New Highs in 2024
Receive News & Ratings for Block Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Block Energy and related companies with MarketBeat.com's FREE daily email newsletter.
