Insider Buying: Prospex Energy Plc (LON:PXEN) Insider Acquires £18,151.20 in Stock

Prospex Energy Plc (LON:PXEN) insider Mark Christopher Routh acquired 363,024 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The stock was acquired at an average price of GBX 5 ($0.07) per share, with a total value of £18,151.20 ($23,702.27).

Prospex Energy Stock Performance

Shares of PXEN opened at GBX 5.70 ($0.07) on Friday. The firm has a market cap of £22.13 million, a P/E ratio of 225.00 and a beta of -0.49. Prospex Energy Plc has a twelve month low of GBX 4.50 ($0.06) and a twelve month high of GBX 8.93 ($0.12). The company has a debt-to-equity ratio of 0.82, a quick ratio of 3.20 and a current ratio of 77.76. The firm’s 50 day moving average price is GBX 5.76 and its two-hundred day moving average price is GBX 6.28.

Prospex Energy Company Profile

Prospex Energy Plc operates as an oil and gas investment company in Europe. The company holds interest in the Tesorillo Project that comprises two petroleum exploration licenses, the Tesorillo and Ruedalabola permits, which cover an area of approximately 38,000 hectares located in Cadiz Province in southern Spain; and a 17% working interest in the Podere Gallina exploration permit in Po Valley Basin, Italy.