Capricorn Energy (LON:CNE) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Capricorn Energy PLC (LON:CNE)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 238.39 ($2.96) and traded as high as GBX 318 ($3.95). Capricorn Energy shares last traded at GBX 314 ($3.90), with a volume of 25,342 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Capricorn Energy in a report on Thursday, January 23rd.

Capricorn Energy Price Performance

The firm has a fifty day moving average of GBX 288.85 and a two-hundred day moving average of GBX 238.39. The stock has a market capitalization of £219.58 million, a P/E ratio of -730.23, a P/E/G ratio of -1.92 and a beta of 1.35. The company has a debt-to-equity ratio of 32.44, a current ratio of 2.56 and a quick ratio of 6.29.

About Capricorn Energy