Caspian Sunrise (LON:CASP) Stock Price Down 8.6% – Should You Sell?

Caspian Sunrise plc (LON:CASPGet Free Report) fell 8.6% during trading on Friday . The stock traded as low as GBX 3.04 ($0.04) and last traded at GBX 3.20 ($0.04). 2,815,286 shares changed hands during mid-day trading, an increase of 109% from the average session volume of 1,347,742 shares. The stock had previously closed at GBX 3.50 ($0.04).

Caspian Sunrise Stock Down 2.9 %

The company has a market capitalization of £76.50 million, a P/E ratio of -33.00 and a beta of 1.95. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 17.99. The stock’s fifty day moving average is GBX 3.31 and its 200 day moving average is GBX 3.65.

About Caspian Sunrise

(Get Free Report)

Caspian Sunrise plc engages in the exploration and production of oil and gas assets in Central Asia. The company operates through Exploration for and Production of Crude Oil; Onshore Drilling Services; and Offshore Drilling Services segments. It explores for and produces crude oil. The company holds a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan.

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