Capricorn Energy (LON:CNE) Reaches New 12-Month High – Here’s What Happened

Capricorn Energy PLC (LON:CNE)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as GBX 311 ($3.89) and last traded at GBX 311 ($3.89), with a volume of 75588 shares trading hands. The stock had previously closed at GBX 293 ($3.67).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and issued a GBX 260 ($3.25) target price on shares of Capricorn Energy in a research note on Tuesday, September 24th.

Capricorn Energy Stock Up 6.1 %

The company has a 50 day moving average of GBX 244.04 and a 200-day moving average of GBX 217.49. 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 market cap of £217.48 million, a P/E ratio of -723.26, a price-to-earnings-growth ratio of -1.92 and a beta of 1.35.

Capricorn Energy Company Profile