Energean (LON:ENOG) Given “Hold” Rating at Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of Energean (LON:ENOG) in a research note released on Thursday morning, MarketBeat.com reports. The firm currently has a GBX 940 ($12.14) price objective on the stock.

Energean Stock Performance

LON ENOG opened at GBX 872.50 ($11.27) on Thursday. The company has a 50-day simple moving average of GBX 976.66 and a two-hundred day simple moving average of GBX 971.36. The company has a quick ratio of 1.42, a current ratio of 1.31 and a debt-to-equity ratio of 498.55. Energean 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 cap of £2.02 billion, a price-to-earnings ratio of 15.84 and a beta of 0.85.

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.