IGas Energy (LON:IGAS) Stock Price Passes Above 200 Day Moving Average of $11.81

IGas Energy plc (LON:IGAS)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 11.81 ($0.16) and traded as high as GBX 15.48 ($0.20). IGas Energy shares last traded at GBX 14.89 ($0.20), with a volume of 131,260 shares.

IGas Energy Stock Up 2.8 %

The firm has a market cap of £18.97 million, a PE ratio of -148.90 and a beta of -0.04. The company has a debt-to-equity ratio of 28.35, a quick ratio of 0.62 and a current ratio of 0.65. The firm’s 50-day moving average price is GBX 14.89 and its two-hundred day moving average price is GBX 11.81.

IGas Energy Company Profile

IGas Energy plc operates as an oil and gas development, exploration, processing, and production company in the United Kingdom. The company holds interests in the 50 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.