Angus Energy (LON:ANGS) Shares Up 6.7%

Shares of Angus Energy plc (LON:ANGS) shot up 6.7% during trading on Friday . The company traded as high as GBX 0.40 ($0.01) and last traded at GBX 0.40 ($0.01). 8,096,087 shares were traded during trading, a decline of 7% from the average session volume of 8,696,342 shares. The stock had previously closed at GBX 0.38 ($0.00).

Angus Energy Stock Up 6.7 %

The company has a debt-to-equity ratio of 45.31, a current ratio of 0.14 and a quick ratio of 0.59. The company has a market capitalization of £17.68 million, a price-to-earnings ratio of 13.33 and a beta of 0.19. The firm’s 50-day simple moving average is GBX 0.40 and its two-hundred day simple moving average is GBX 0.41.

Insider Buying and Selling

In other Angus Energy news, insider Richard Herbert bought 5,000,000 shares of the business’s stock in a transaction on Tuesday, April 16th. The stock was bought at an average price of GBX 1 ($0.01) per share, for a total transaction of £50,000 ($63,427.63). Insiders own 45.28% of the company’s stock.

Angus Energy Company Profile

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.