Afentra (LON:AET) Stock Price Down 0.5% - What's Next?

Afentra plc (LON:AET - Get Free Report) shares fell 0.5% during trading on Friday . The stock traded as low as GBX 38.75 ($0.52) and last traded at GBX 39.50 ($0.53). 144,858 shares traded hands during trading, a decline of 81% from the average session volume of 777,913 shares. The stock had previously closed at GBX 39.70 ($0.53).

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on AET shares. Shore Capital reaffirmed a "buy" rating on shares of Afentra in a research note on Thursday, April 24th. Canaccord Genuity Group reissued a "buy" rating and issued a GBX 75 ($1.01) price objective on shares of Afentra in a research note on Friday.

Afentra Stock Performance

The firm has a market capitalization of £108.46 million, a price-to-earnings ratio of 548.57 and a beta of 0.10. The firm has a 50 day moving average price of GBX 39.90 and a 200-day moving average price of GBX 44.81. The company has a debt-to-equity ratio of 85.96, a current ratio of 0.78 and a quick ratio of 28.92.

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.