Energean (LON:ENOG) Trading Up 1.5%

Energean plc (LON:ENOG) rose 1.5% on Wednesday . The company traded as high as GBX 953.50 ($12.39) and last traded at GBX 953.50 ($12.39). Approximately 337,250 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 391,473 shares. The stock had previously closed at GBX 939 ($12.20).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank increased their target price on Energean from GBX 1,425 ($18.52) to GBX 1,565 ($20.34) and gave the company a “neutral” rating in a research note on Thursday, May 23rd.

Energean Trading Up 1.0 %

The company has a debt-to-equity ratio of 478.97, a quick ratio of 1.42 and a current ratio of 0.95. The firm has a market cap of £1.71 billion, a PE ratio of 911.76 and a beta of 0.86. The stock has a 50-day simple moving average of GBX 997.20 and a two-hundred day simple moving average of GBX 1,042.40.

Insider Transactions at Energean

In related news, insider Andrew Donald Bartlett acquired 5,554 shares of the stock in a transaction that occurred on Tuesday, July 30th. The shares were bought at an average price of GBX 998 ($12.97) per share, for a total transaction of £55,428.92 ($72,023.02). Company insiders own 24.38% of the company’s stock.

About Energean

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.