Andreas Persianis Purchases 10,000 Shares of Energean plc (LON:ENOG) Stock

Energean plc (LON:ENOG) insider Andreas Persianis purchased 10,000 shares of Energean stock in a transaction dated Monday, March 24th. The shares were acquired at an average cost of GBX 851 ($10.99) per share, for a total transaction of £85,100 ($109,891.53).

Energean Stock Down 6.5 %

LON:ENOG traded down GBX 57 ($0.74) during midday trading on Monday, reaching GBX 815.50 ($10.53). The company had a trading volume of 598,448 shares, compared to its average volume of 632,144. Energean plc has a 12-month low of GBX 799.73 ($10.33) and a 12-month high of GBX 1,233 ($15.92). The firm has a market capitalization of £1.89 billion, a price-to-earnings ratio of 14.81 and a beta of 0.85. The company has a current ratio of 1.31, a quick ratio of 1.42 and a debt-to-equity ratio of 498.55. The stock’s fifty day simple moving average is GBX 976.66 and its 200-day simple moving average is GBX 971.21.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reiterated a “hold” rating and set a GBX 940 ($12.14) target price on shares of Energean in a report on Thursday.

Energean Company Profile

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.