Afentra (LON:AET) Shares Up 0.8%

Afentra plc (LON:AET) shares traded up 0.8% during trading on Wednesday . The stock traded as high as GBX 53.28 ($0.67) and last traded at GBX 53.20 ($0.67). 976,582 shares changed hands during trading, an increase of 3% from the average session volume of 944,586 shares. The stock had previously closed at GBX 52.80 ($0.67).

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “not rated” rating on shares of Afentra in a research note on Wednesday, March 13th.

Afentra Price Performance

The company has a market capitalization of £120.32 million, a PE ratio of -1,330.00 and a beta of 0.07. The company has a debt-to-equity ratio of 48.33, a current ratio of 1.46 and a quick ratio of 28.92. The stock’s 50 day simple moving average is GBX 53.79 and its 200-day simple moving average is GBX 44.03.

Insider Activity at Afentra

In other news, insider Ian Richard Cloke sold 9,549 shares of the stock in a transaction on Friday, June 7th. The stock was sold at an average price of GBX 57 ($0.72), for a total value of £5,442.93 ($6,884.56). Company insiders own 47.27% of the company’s stock.

Afentra Company Profile

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.