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Capricorn Energy (LON:CNE) Sets New 52-Week High - Still a Buy?

Capricorn Energy logo with Energy background

Capricorn Energy PLC (LON:CNE - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 320 ($3.96) and last traded at GBX 318.50 ($3.94), with a volume of 49000 shares trading hands. The stock had previously closed at GBX 315 ($3.89).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reiterated a "speculative buy" rating and issued a GBX 260 ($3.21) target price on shares of Capricorn Energy in a report on Tuesday, September 24th.

Get Our Latest Stock Report on CNE

Capricorn Energy Stock Up 1.1 %

The company has a market cap of £222.73 million, a price-to-earnings ratio of -740.70, a P/E/G ratio of -1.92 and a beta of 1.35. The stock's 50-day moving average is GBX 253.83 and its 200-day moving average is GBX 222.35. The company has a current ratio of 2.56, a quick ratio of 6.29 and a debt-to-equity ratio of 32.44.

About Capricorn Energy

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Further Reading

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