Bowleven (LON:BLVN) Shares Up 10% – Time to Buy?

Bowleven plc (LON:BLVNGet Free Report)’s share price traded up 10% during trading on Tuesday . The company traded as high as GBX 0.28 ($0.00) and last traded at GBX 0.28 ($0.00). 9,586,457 shares were traded during mid-day trading, an increase of 467% from the average session volume of 1,692,114 shares. The stock had previously closed at GBX 0.25 ($0.00).

Bowleven Stock Up 10.0 %

The firm has a 50-day moving average of GBX 0.28 and a two-hundred day moving average of GBX 0.22. The firm has a market cap of £5.20 million, a price-to-earnings ratio of -16.50, a PEG ratio of -0.02 and a beta of 0.53. The company has a current ratio of 5.74, a quick ratio of 8.06 and a debt-to-equity ratio of 0.01.

About Bowleven

(Get Free Report)

Bowleven plc engages in the exploration and appraisal of oil and gas properties in West Africa. It holds a 25% interest in the shallow water offshore Etinde permit that covers an area of approximately 461 square kilometers located in Cameroon. The company was incorporated in 2001 and is headquartered in London, the United Kingdom.

See Also

Receive News & Ratings for Bowleven Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bowleven and related companies with MarketBeat.com's FREE daily email newsletter.