Capricorn Energy (LON:CNE) Given Speculative Buy Rating at Canaccord Genuity Group

Capricorn Energy (LON:CNE)‘s stock had its “speculative buy” rating reiterated by research analysts at Canaccord Genuity Group in a research note issued to investors on Tuesday, Marketbeat Ratings reports. They currently have a GBX 260 ($3.48) price objective on the oil and gas development company’s stock.

Capricorn Energy Stock Performance

The stock has a market cap of £141.00 million, a P/E ratio of -282.64, a P/E/G ratio of -1.92 and a beta of 1.35. The company has a quick ratio of 6.29, a current ratio of 3.14 and a debt-to-equity ratio of 29.32. The company has a fifty day moving average of GBX 211.11 and a 200 day moving average of GBX 186.50. Capricorn Energy has a 12 month low of GBX 109.20 ($1.46) and a 12 month high of GBX 237.50 ($3.18).

About Capricorn Energy

Capricorn Energy PLC, an independent energy company, engages in the exploration, development, production, and sale of oil and gas. It holds a portfolio of exploration, development, and production assets in the United Kingdom, Israel, Egypt, Mauritania, Mexico, and Suriname. The company was formerly known as Cairn Energy PLC and changed its name to Capricorn Energy PLC in December 2021.