Capricorn Energy (LON:CNE) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Capricorn Energy PLC (LON:CNE) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 256.34 ($3.31) and traded as high as GBX 258.50 ($3.34). Capricorn Energy shares last traded at GBX 244.50 ($3.16), with a volume of 31,954 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “buy” rating on shares of Capricorn Energy in a research report on Monday, March 17th.

Capricorn Energy Price Performance

The stock has a market capitalization of £216.04 million, a P/E ratio of -2.43, a price-to-earnings-growth ratio of -1.92 and a beta of 1.35. 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’s 50-day simple moving average is GBX 288.66 and its 200-day simple moving average is GBX 256.34.

Capricorn Energy Company Profile