Ophir Energy (LON:OPHR) Stock Price Up 1.6% – Should You Buy?

Ophir Energy Plc (LON:OPHRGet Free Report) shares were up 1.6% during mid-day trading on Monday . The company traded as high as GBX 57.50 ($0.73) and last traded at GBX 57.50 ($0.73). Approximately 3,227,394 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 8,088,823 shares. The stock had previously closed at GBX 56.60 ($0.72).

Ophir Energy Stock Performance

The stock has a 50-day simple moving average of GBX 57.50 and a 200-day simple moving average of GBX 57.50. The company has a market capitalization of £407.41 million and a price-to-earnings ratio of -0.52. The company has a current ratio of 1.59, a quick ratio of 1.41 and a debt-to-equity ratio of 50.65.

Ophir Energy Company Profile

(Get Free Report)

Ophir Energy plc engages in the exploration, development, and production of upstream oil and gas properties in Asia and Africa. The company develops offshore and deep-water oil and gas exploration assets. It has 1 billion barrel of oil equivalent of reserves and resources. Ophir Energy plc was founded in 2004 and is headquartered in London, the United Kingdom.

Further Reading

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