Capricorn Energy (LON:CNE) Reaches New 1-Year High – What’s Next?

Capricorn Energy PLC (LON:CNE) hit a new 52-week high on Wednesday . The stock traded as high as GBX 320 ($3.99) and last traded at GBX 318.50 ($3.97), with a volume of 49000 shares changing hands. The stock had previously closed at GBX 315 ($3.93).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group restated a “speculative buy” rating and issued a GBX 260 ($3.24) target price on shares of Capricorn Energy in a research note on Tuesday, September 24th.

Capricorn Energy Stock Performance

The company has a market cap of £222.73 million, a PE ratio of -740.70, a PEG ratio of -1.92 and a beta of 1.35. The company has a 50-day moving average of GBX 251.74 and a 200-day moving average of GBX 221.40. The company has a quick ratio of 6.29, a current ratio of 2.56 and a debt-to-equity ratio of 32.44.

About Capricorn Energy