Afentra's (AET) Buy Rating Reiterated at Shore Capital

Afentra (LON:AET - Get Free Report)'s stock had its "buy" rating reaffirmed by stock analysts at Shore Capital in a research note issued to investors on Thursday, MarketBeat reports.

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 90 ($1.12) target price on shares of Afentra in a report on Thursday, January 23rd.

Afentra Price Performance

Shares of AET stock traded down GBX 0.10 ($0.00) during trading hours on Thursday, hitting GBX 47.70 ($0.59). 414,002 shares of the company's stock were exchanged, compared to its average volume of 804,319. Afentra has a 52 week low of GBX 36.15 ($0.45) and a 52 week high of GBX 62.54 ($0.78). The stock has a market cap of £107.88 million, a price-to-earnings ratio of 681.43 and a beta of 0.10. 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 stock's 50-day moving average is GBX 47.46 and its 200-day moving average is GBX 48.58.

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.