Capricorn Energy (LON:CNE) Shares Cross Above 200 Day Moving Average – What’s Next?

Shares of Capricorn Energy PLC (LON:CNE) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 256.34 ($3.30) and traded as high as GBX 258.50 ($3.33). Capricorn Energy shares last traded at GBX 244.50 ($3.15), with a volume of 31,954 shares changing hands.

Analyst Ratings Changes

Separately, Shore Capital restated a “buy” rating on shares of Capricorn Energy in a report on Monday, March 17th.

Capricorn Energy Trading Up 4.1 %

The firm has a market capitalization of £224.43 million, a PE ratio of -2.52, a price-to-earnings-growth ratio of -1.92 and a beta of 1.35. The company has a debt-to-equity ratio of 32.44, a current ratio of 2.56 and a quick ratio of 6.29. The company has a fifty day moving average of GBX 285.44 and a 200-day moving average of GBX 256.61.

Capricorn Energy Company Profile