Afentra (LON:AET) Receives Buy Rating from Shore Capital

Shore Capital reissued their buy rating on shares of Afentra (LON:AET) in a research note issued to investors on Thursday, MarketBeat Ratings reports.

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

Afentra Price Performance

Afentra stock opened at GBX 48.26 ($0.60) on Thursday. Afentra has a 52 week low of GBX 36.15 ($0.45) and a 52 week high of GBX 62.54 ($0.78). The company has a quick ratio of 28.92, a current ratio of 0.78 and a debt-to-equity ratio of 85.96. The firm has a market capitalization of £109.14 million, a PE ratio of 689.43 and a beta of 0.10. The firm’s 50-day simple moving average is GBX 47.42 and its 200 day simple moving average is GBX 48.63.

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.