Andalas Energy and Power (LON:ADL) Trading Up 21.2% – Still a Buy?

Shares of Andalas Energy and Power PLC (LON:ADLGet Free Report) shot up 21.2% on Thursday . The stock traded as high as GBX 0.20 ($0.00) and last traded at GBX 0.20 ($0.00). 820,000 shares traded hands during trading, a decline of 91% from the average session volume of 8,958,494 shares. The stock had previously closed at GBX 0.17 ($0.00).

Andalas Energy and Power Trading Up 21.2 %

The stock’s 50-day moving average price is GBX 0.20 and its 200-day moving average price is GBX 0.20. The company has a market capitalization of £3.12 million and a P/E ratio of -0.40.

About Andalas Energy and Power

(Get Free Report)

Andalas Energy and Power PLC generates power from gas in Indonesia. It also explores for and produces oil and gas. The company was formerly known as CEB Resources PLC and changed its name to Andalas Energy and Power PLC in December 2015. Andalas Energy and Power PLC was incorporated in 2006 and is based in Douglas, Isle of Man.

Further Reading

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