Arrow Exploration (LON:AXL) Trading Down 0.1% – Here’s What Happened

Arrow Exploration Corp. (LON:AXLGet Free Report)’s stock price was down 0.1% during mid-day trading on Thursday . The company traded as low as GBX 27.88 ($0.36) and last traded at GBX 27.97 ($0.37). Approximately 397,574 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 1,553,578 shares. The stock had previously closed at GBX 28 ($0.37).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 42 ($0.55) target price on shares of Arrow Exploration in a research report on Wednesday, July 10th.

View Our Latest Stock Analysis on Arrow Exploration

Arrow Exploration Price Performance

The business has a fifty day moving average price of GBX 29.50 and a 200-day moving average price of GBX 25.64. The company has a current ratio of 1.50, a quick ratio of 1.65 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of £80.04 million, a PE ratio of 676.67 and a beta of 1.51.

About Arrow Exploration

(Get Free Report)

Arrow Exploration Corp., a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. The company is headquartered in Calgary, Canada.

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