Arrow Exploration (LON:AXL) Trading Up 0.4%

Shares of Arrow Exploration Corp. (LON:AXL) rose 0.4% on Tuesday . The stock traded as high as GBX 28.77 ($0.38) and last traded at GBX 28.35 ($0.37). 791,871 shares traded hands during trading, a decline of 52% from the average daily volume of 1,633,753 shares. The stock had previously closed at GBX 28.25 ($0.37).

Analyst Ratings Changes

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 42 ($0.55) target price on shares of Arrow Exploration in a report on Wednesday, July 10th.

Arrow Exploration Stock Up 0.9 %

The company has a market capitalization of £81.47 million, a price-to-earnings ratio of 676.67 and a beta of 1.51. The company has a current ratio of 1.50, a quick ratio of 1.65 and a debt-to-equity ratio of 0.51. The firm’s 50 day simple moving average is GBX 29.86 and its 200-day simple moving average is GBX 25.26.

Arrow Exploration Company Profile

Arrow Exploration Corp., a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. Arrow Exploration Corp. is headquartered in Calgary, Canada.