Capricorn Energy (LON:CNE) Sets New 12-Month High – Time to Buy?

Capricorn Energy PLC (LON:CNE) shares reached a new 52-week high during trading on Thursday . The company traded as high as GBX 311 ($3.86) and last traded at GBX 311 ($3.86), with a volume of 75588 shares trading hands. The stock had previously closed at GBX 293 ($3.64).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 260 ($3.23) price objective on shares of Capricorn Energy in a report on Tuesday, September 24th.

Capricorn Energy Stock Down 0.8 %

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 stock’s 50 day simple moving average is GBX 247.88 and its two-hundred day simple moving average is GBX 219.48. The firm has a market cap of £215.73 million, a P/E ratio of -717.44, a P/E/G ratio of -1.92 and a beta of 1.35.

About Capricorn Energy