Block Energy Plc (LON:BLOE – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 0.65 ($0.01) and last traded at GBX 0.65 ($0.01), with a volume of 386000 shares changing hands. The stock had previously closed at GBX 0.67 ($0.01).
Block Energy Price Performance
The firm has a 50-day moving average of GBX 0.78 and a 200 day moving average of GBX 0.95. The company has a market capitalization of £4.72 million, a PE ratio of -1.19 and a beta of 0.27. The company has a debt-to-equity ratio of 7.70, a current ratio of 3.26 and a quick ratio of 0.71.
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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