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Caspian Sunrise (LON:CASP) Trading 1.5% Higher - Still a Buy?

Caspian Sunrise logo with Energy background

Shares of Caspian Sunrise plc (LON:CASP - Get Free Report) traded up 1.5% on Thursday . The company traded as high as GBX 3.30 ($0.04) and last traded at GBX 3.30 ($0.04). 183,825 shares traded hands during mid-day trading, a decline of 86% from the average session volume of 1,336,836 shares. The stock had previously closed at GBX 3.25 ($0.04).

Caspian Sunrise Stock Up 1.5 %

The company has a debt-to-equity ratio of 17.99, a current ratio of 0.49 and a quick ratio of 0.44. The stock has a market capitalization of £74.25 million, a PE ratio of -33.00 and a beta of 1.95. The company has a 50 day moving average price of GBX 3.71 and a 200-day moving average price of GBX 3.66.

Caspian Sunrise Company Profile

(Get Free Report)

Caspian Sunrise plc engages in the exploration and production of oil and gas assets in Central Asia. The company operates through Exploration for and Production of Crude Oil; Onshore Drilling Services; and Offshore Drilling Services segments. It explores for and produces crude oil. The company holds a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan.

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