Angus Energy (LON:ANGS) Stock Price Down 13.5% – What’s Next?

Angus Energy plc (LON:ANGS) dropped 13.5% on Wednesday . The company traded as low as GBX 0.28 ($0.00) and last traded at GBX 0.28 ($0.00). Approximately 10,056,850 shares changed hands during mid-day trading, an increase of 18% from the average daily volume of 8,555,148 shares. The stock had previously closed at GBX 0.33 ($0.00).

Angus Energy Price Performance

The company has a quick ratio of 0.59, a current ratio of 0.58 and a debt-to-equity ratio of 45.51. The company has a market capitalization of £12.51 million, a price-to-earnings ratio of 8.33 and a beta of 0.19. The stock’s 50-day moving average price is GBX 0.31 and its 200-day moving average price is GBX 0.30.

About Angus Energy

Angus Energy plc operates as a independent onshore oil and gas company in the United Kingdom. It engages in the extraction and distribution of oil and gas to third parties. The company owns 100% interest in the Saltfleetby Gas Field comprising one license covering an area of 91.8 square kilometers located Lincolnshire; and 25% interest in the Balcombe Field consisting of one license, which covers an area of 154 square kilometers located in Weald Basin, the United Kingdom.