Capricorn Energy (LON:CNE) Shares Pass Above 200-Day Moving Average – Time to Sell?

Capricorn Energy PLC (LON:CNE)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 253.24 ($3.26) and traded as high as GBX 264.60 ($3.41). Capricorn Energy shares last traded at GBX 247.18 ($3.19), with a volume of 43,043 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reiterated a “buy” rating on shares of Capricorn Energy in a research report on Thursday, January 23rd.

Capricorn Energy Trading Down 0.1 %

The company has a fifty day simple moving average of GBX 302.90 and a 200-day simple moving average of GBX 253.24. The company has a current ratio of 2.56, a quick ratio of 6.29 and a debt-to-equity ratio of 32.44. The stock has a market cap of £218.41 million, a price-to-earnings ratio of -2.45, a P/E/G ratio of -1.92 and a beta of 1.35.

Capricorn Energy Company Profile