Angus Energy (LON:ANGS) Trading 6.3% Higher – Here’s Why

Angus Energy plc (LON:ANGSGet Free Report)’s stock price rose 6.3% on Wednesday . The company traded as high as GBX 0.32 ($0.00) and last traded at GBX 0.32 ($0.00). Approximately 252,719 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 8,203,526 shares. The stock had previously closed at GBX 0.30 ($0.00).

Angus Energy Stock Up 6.3 %

The stock has a market capitalization of £14.10 million, a price-to-earnings ratio of 8.33 and a beta of 0.19. The firm has a 50 day simple moving average of GBX 0.32 and a 200-day simple moving average of GBX 0.29. The company has a debt-to-equity ratio of 45.51, a current ratio of 0.58 and a quick ratio of 0.59.

Angus Energy Company Profile

(Get Free Report)

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.

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