Capricorn Energy (LON:CNE) Hits New 52-Week High – Here’s What Happened

Capricorn Energy PLC (LON:CNE) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as GBX 341.77 ($4.16) and last traded at GBX 330 ($4.02), with a volume of 71443 shares trading hands. The stock had previously closed at GBX 325 ($3.95).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “speculative buy” rating and set a GBX 260 ($3.16) price objective on shares of Capricorn Energy in a report on Tuesday, September 24th.

Capricorn Energy Stock Performance

The company has a debt-to-equity ratio of 32.44, a current ratio of 2.56 and a quick ratio of 6.29. The company has a fifty day moving average of GBX 269.70 and a two-hundred day moving average of GBX 229.55. The stock has a market capitalization of £230.77 million, a P/E ratio of -767.44, a price-to-earnings-growth ratio of -1.92 and a beta of 1.35.

Capricorn Energy Company Profile