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Capricorn Energy (LON:CNE) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Capricorn Energy logo with Energy background

Shares of Capricorn Energy PLC (LON:CNE - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 226.36 ($2.77) and traded as high as GBX 329.50 ($4.03). Capricorn Energy shares last traded at GBX 327 ($4.00), with a volume of 50,449 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a "speculative buy" rating and issued a GBX 260 ($3.18) price objective on shares of Capricorn Energy in a research note on Tuesday, September 24th.

View Our Latest Stock Report on CNE

Capricorn Energy Stock Performance

The company has a debt-to-equity ratio of 32.44, a quick ratio of 6.29 and a current ratio of 2.56. The stock's 50 day moving average price is GBX 267.38 and its 200 day moving average price is GBX 228.47. The company has a market capitalization of £227.27 million, a P/E ratio of -755.81, a price-to-earnings-growth ratio of -1.92 and a beta of 1.35.

Capricorn Energy Company Profile

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