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

Capricorn Energy PLC (LON:CNE)’s share price 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.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “speculative buy” rating and set a GBX 260 ($3.18) target price on shares of Capricorn Energy in a research report on Tuesday, September 24th.

Capricorn Energy Trading Up 0.8 %

The stock has a market cap of £230.42 million, a PE ratio of -766.28, a PEG ratio of -1.92 and a beta of 1.35. 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 has a fifty day moving average price of GBX 265.14 and a 200 day moving average price of GBX 227.44.

Capricorn Energy Company Profile