Prospex Energy Plc (LON:PXEN – Get Free Report) insider Tom Reynolds bought 500,000 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was bought at an average price of GBX 3 per share, with a total value of £15,000.
Tom Reynolds also recently made the following trade(s):
- On Thursday, June 4th, Tom Reynolds purchased 698,549 shares of Prospex Energy stock. The stock was bought at an average cost of GBX 4 per share, with a total value of £27,941.96.
Prospex Energy Stock Performance
Shares of LON:PXEN traded up GBX 0.10 on Thursday, hitting GBX 3.20. 595,026 shares of the company were exchanged, compared to its average volume of 1,216,863. Prospex Energy Plc has a 1-year low of GBX 2.10 and a 1-year high of GBX 5.10. The stock’s 50 day moving average price is GBX 3.18 and its 200 day moving average price is GBX 3.14. The company has a current ratio of 98.98, a quick ratio of 3.20 and a debt-to-equity ratio of 2.34. The firm has a market capitalization of £13.88 million, a P/E ratio of -4.78 and a beta of -0.49.
Prospex Energy Company Profile
Prospex Energy Plc (AIM: PXEN) is an investment company focussed on high impact onshore and shallow offshore European opportunities with short timelines to production. The Company is building a sizeable oil and gas investment portfolio and has working interests in three natural gas fields, two in Spain – the Viura gas field and El Romeral, and one in Italy – the Selva Malvezzi concession, which are operated by the Company’s partners. Prospex has also initiated applications for open-acreage exploration permits in Poland.
Prospex’s strategy is to acquire undervalued projects with multiple, tangible value trigger points that can be realised within 12 months of acquisition and then applying low-cost re-evaluation techniques to identify and de-risk prospects.
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