Energean plc (LON:ENOG) Insider Sells £6,961.92 in Stock

Energean plc (LON:ENOG) insider Panagiotis Benos sold 784 shares of the company’s stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of GBX 888 ($11.45), for a total transaction of £6,961.92 ($8,973.86).

Energean Stock Down 5.5 %

LON ENOG opened at GBX 798.50 ($10.29) on Monday. Energean plc has a 12 month low of GBX 795.50 ($10.25) and a 12 month high of GBX 1,233 ($15.89). The stock’s 50 day moving average is GBX 941.31 and its 200 day moving average is GBX 966.23. 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 has a market cap of £1.85 billion, a PE ratio of 14.50 and a beta of 0.85.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “hold” rating and issued a GBX 940 ($12.12) price objective on shares of Energean in a research report on Thursday, March 20th.

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.