Energean plc (LON:ENOG - Get Free Report) shares dropped 4% during mid-day trading on Tuesday . The stock traded as low as GBX 969 ($12.52) and last traded at GBX 971.50 ($12.56). Approximately 225,334 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 689,028 shares. The stock had previously closed at GBX 1,012 ($13.08).
Analysts Set New Price Targets
Separately, Berenberg Bank lowered Energean to a "hold" rating and dropped their price target for the company from GBX 1,175 ($15.19) to GBX 1,045 ($13.51) in a research note on Thursday, December 5th.
View Our Latest Research Report on ENOG
Energean Stock Performance
The stock has a market cap of £2.20 billion, a P/E ratio of 17.25 and a beta of 0.85. The company has a fifty day moving average price of GBX 1,005.83 and a 200 day moving average price of GBX 974.01. The company has a debt-to-equity ratio of 498.55, a current ratio of 1.31 and a quick ratio of 1.42.
About Energean
(
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Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.
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