Block Energy Plc (LON:BLOE – Get Free Report)’s stock price traded up 9.4% on Wednesday . The stock traded as high as GBX 0.94 ($0.01) and last traded at GBX 0.93 ($0.01). 1,598,998 shares were traded during trading, an increase of 5% from the average session volume of 1,520,996 shares. The stock had previously closed at GBX 0.85 ($0.01).
Block Energy Stock Up 5.3 %
The stock has a market capitalization of £7.25 million, a price-to-earnings ratio of -1.19 and a beta of 0.35. 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 firm has a 50-day moving average of GBX 1.15 and a two-hundred day moving average of GBX 1.15.
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.
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