Deltic Energy (LON:DELT) Trading Up 1.1% – Still a Buy?

Deltic Energy Plc (LON:DELT) rose 1.1% on Thursday . The company traded as high as GBX 6 ($0.07) and last traded at GBX 5.31 ($0.06). Approximately 190,221 shares were traded during mid-day trading, an increase of 107% from the average daily volume of 92,041 shares. The stock had previously closed at GBX 5.25 ($0.06).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group lowered their target price on Deltic Energy from GBX 95 ($1.16) to GBX 85 ($1.04) and set a “speculative buy” rating for the company in a report on Thursday, September 26th.

Deltic Energy Stock Performance

The company has a debt-to-equity ratio of 3.02, a quick ratio of 30.42 and a current ratio of 1.70. The stock has a 50-day moving average of GBX 5.82 and a 200-day moving average of GBX 7.59. The firm has a market cap of £4.75 million, a price-to-earnings ratio of -22.17 and a beta of 1.63.

Deltic Energy Company Profile

An emerging UK focused E&P company