Capricorn Energy (LON:CNE) Hits New 52-Week High – Here’s Why

Capricorn Energy PLC (LON:CNE) hit a new 52-week high on Friday . The stock traded as high as GBX 341.77 ($4.18) and last traded at GBX 330 ($4.04), with a volume of 71443 shares. The stock had previously closed at GBX 325 ($3.98).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 260 ($3.18) price objective on shares of Capricorn Energy in a report on Tuesday, September 24th.

Capricorn Energy Stock Up 1.5 %

The firm has a market capitalization of £230.77 million, a price-to-earnings ratio of -767.44, a P/E/G ratio of -1.92 and a beta of 1.35. The company has a quick ratio of 6.29, a current ratio of 2.56 and a debt-to-equity ratio of 32.44. The company’s 50 day moving average price is GBX 267.38 and its 200 day moving average price is GBX 228.47.

Capricorn Energy Company Profile