Longboat Energy (LON:LBE) Stock Price Down 3.6%

Longboat Energy plc (LON:LBE) traded down 3.6% on Thursday . The stock traded as low as GBX 20 ($0.26) and last traded at GBX 20.25 ($0.26). 136,919 shares changed hands during trading, a decline of 77% from the average session volume of 599,294 shares. The stock had previously closed at GBX 21 ($0.27).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “not rated” rating on shares of Longboat Energy in a report on Monday, June 17th.

Longboat Energy Stock Down 3.6 %

The company has a quick ratio of 2.60, a current ratio of 5.62 and a debt-to-equity ratio of 177.95. The firm has a 50 day moving average of GBX 17.52 and a two-hundred day moving average of GBX 18.76. The firm has a market capitalization of £11.56 million, a price-to-earnings ratio of -126.56 and a beta of 0.50.

About Longboat Energy

Longboat Energy plc, a full-cycle E&P company, focuses on acquiring oil and gas assets in Norway, Malaysia, and the United Kingdom. The company was incorporated in 2019 and is based in London, the United Kingdom.