Block Energy (LON:BLOE) Sets New 12-Month High at $1.80

Block Energy Plc (LON:BLOEGet Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1.80 ($0.02) and last traded at GBX 1.60 ($0.02), with a volume of 3568019 shares changing hands. The stock had previously closed at GBX 1.50 ($0.02).

Block Energy Price Performance

The company has a debt-to-equity ratio of 7.10, a current ratio of 2.38 and a quick ratio of 0.71. The firm has a market cap of £13.04 million, a PE ratio of -1.19 and a beta of 0.51. The firm has a 50-day simple moving average of GBX 1.07 and a 200 day simple moving average of GBX 1.01.

Block Energy Company Profile

(Get Free Report)

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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