Capricorn Energy (LON:CNE) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Capricorn Energy PLC (LON:CNE) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 247.46 ($3.11) and traded as high as GBX 282.35 ($3.55). Capricorn Energy shares last traded at GBX 275 ($3.46), with a volume of 102,517 shares traded.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Capricorn Energy in a research report on Thursday, January 23rd.

Capricorn Energy Stock Performance

The firm’s 50-day simple moving average is GBX 304.42 and its two-hundred day simple moving average is GBX 248.79. The company has a market cap of £262.42 million, a PE ratio of -2.95, a P/E/G ratio of -1.92 and a beta of 1.35. The company has a current ratio of 2.56, a quick ratio of 6.29 and a debt-to-equity ratio of 32.44.

About Capricorn Energy