Capricorn Energy (LON:CNE) Reaches New 1-Year High – Should You Buy?

Shares of Capricorn Energy PLC (LON:CNE) hit a new 52-week high on Thursday . The stock traded as high as GBX 311 ($3.89) and last traded at GBX 311 ($3.89), with a volume of 75588 shares changing hands. The stock had previously closed at GBX 293 ($3.67).

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “speculative buy” rating and issued a GBX 260 ($3.25) price target on shares of Capricorn Energy in a research note on Tuesday, September 24th.

Capricorn Energy Stock Up 6.1 %

The company has a market capitalization of £217.48 million, a P/E ratio of -723.26, a price-to-earnings-growth 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. The stock’s fifty day moving average is GBX 244.04 and its 200 day moving average is GBX 217.49.

About Capricorn Energy