Capricorn Energy (LON:CNE) Stock Crosses Above 200 Day Moving Average – What’s Next?

Capricorn Energy PLC (LON:CNE) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 251.64 ($3.19) and traded as high as GBX 289.50 ($3.67). Capricorn Energy shares last traded at GBX 281 ($3.56), with a volume of 38,073 shares traded.

Analysts Set New Price Targets

Separately, Shore Capital reiterated a “buy” rating on shares of Capricorn Energy in a report on Thursday, January 23rd.

Capricorn Energy Trading Down 0.5 %

The company has a quick ratio of 6.29, a current ratio of 2.56 and a debt-to-equity ratio of 32.44. The company’s fifty day simple moving average is GBX 305.63 and its two-hundred day simple moving average is GBX 251.64. The company has a market capitalization of £246.96 million, a price-to-earnings ratio of -2.77, a price-to-earnings-growth ratio of -1.92 and a beta of 1.35.

About Capricorn Energy