Afentra (LON:AET) Stock Price Down 1.7%

Shares of Afentra plc (LON:AET) dropped 1.7% during mid-day trading on Friday . The company traded as low as GBX 46.20 ($0.61) and last traded at GBX 46.20 ($0.61). Approximately 174,361 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 838,610 shares. The stock had previously closed at GBX 47 ($0.62).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “not rated” rating on shares of Afentra in a research report on Thursday, July 25th.

Afentra Price Performance

The stock has a fifty day moving average of GBX 52.07 and a 200 day moving average of GBX 49.03. The stock has a market cap of £104.49 million, a price-to-earnings ratio of -4,620.00 and a beta of 0.10. The company has a debt-to-equity ratio of 66.41, a current ratio of 0.94 and a quick ratio of 28.92.

Insider Buying and Selling at Afentra

In related news, insider Anastasia Deulina sold 34,592 shares of the business’s stock in a transaction on Thursday, July 11th. The shares were sold at an average price of GBX 5,786 ($76.08), for a total transaction of £2,001,493.12 ($2,631,812.12). Company insiders own 53.87% of the company’s stock.

About Afentra

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.