Afentra (LON:AET) Hits New 12-Month Low - Here's What Happened

Afentra plc (LON:AET - Get Free Report) hit a new 52-week low on Thursday . The stock traded as low as GBX 37 ($0.48) and last traded at GBX 37 ($0.48), with a volume of 1455300 shares trading hands. The stock had previously closed at GBX 39.50 ($0.51).

Analysts Set New Price Targets

AET has been the subject of a number of analyst reports. Shore Capital reiterated a "buy" rating on shares of Afentra in a research note on Thursday, January 30th. Canaccord Genuity Group reiterated a "buy" rating and set a GBX 90 ($1.16) price target on shares of Afentra in a report on Thursday, January 23rd.

Afentra Trading Down 3.3 %

The company has a debt-to-equity ratio of 85.96, a current ratio of 0.78 and a quick ratio of 28.92. The firm's fifty day moving average is GBX 46.92 and its two-hundred day moving average is GBX 47.19. The firm has a market capitalization of £106.76 million, a PE ratio of 540.00 and a beta of 0.10.

Afentra Company Profile

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.