Shore Capital Reiterates “Buy” Rating for Afentra (LON:AET)

Afentra (LON:AET)‘s stock had its “buy” rating reiterated by equities research analysts at Shore Capital in a note issued to investors on Thursday, Marketbeat.com reports.

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 90 ($1.12) price target on shares of Afentra in a report on Thursday, January 23rd.

Afentra Price Performance

Shares of LON AET opened at GBX 47.70 ($0.59) on Thursday. The company has a debt-to-equity ratio of 85.96, a current ratio of 0.78 and a quick ratio of 28.92. The company has a market cap of £107.88 million, a PE ratio of 681.43 and a beta of 0.10. The stock has a fifty day moving average price of GBX 47.46 and a 200 day moving average price of GBX 48.58. Afentra has a 1-year low of GBX 36.15 ($0.45) and a 1-year high of GBX 62.54 ($0.78).

About Afentra

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.