Caspian Sunrise (LON:CASP) Trading 1.3% Higher – Here’s Why

Shares of Caspian Sunrise plc (LON:CASPGet Free Report) shot up 1.3% during trading on Wednesday . The stock traded as high as GBX 2.94 ($0.04) and last traded at GBX 2.94 ($0.04). 672,655 shares were traded during mid-day trading, an increase of 23% from the average session volume of 545,788 shares. The stock had previously closed at GBX 2.90 ($0.04).

Caspian Sunrise Price Performance

The stock has a market cap of £66.13 million, a PE ratio of -33.00 and a beta of 1.95. The company has a debt-to-equity ratio of 17.99, a quick ratio of 0.44 and a current ratio of 0.49. The stock’s 50-day moving average is GBX 3.10 and its two-hundred day moving average is GBX 3.58.

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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