Afentra (LON:AET) Insider Acquires 35,000 Shares

Afentra plc (LON:AET) insider Gavin Hugh Lothian Wilson bought 35,000 shares of the company’s stock in a transaction that occurred on Wednesday, July 8th. The stock was bought at an average cost of GBX 61 per share, for a total transaction of £21,350.

Afentra Price Performance

Shares of LON:AET opened at GBX 60.10 on Friday. Afentra plc has a 12 month low of GBX 36.70 and a 12 month high of GBX 89.40. The firm has a market capitalization of £161.74 million, a P/E ratio of -42.93 and a beta of 0.09. The company has a debt-to-equity ratio of 34.12, a current ratio of 0.56 and a quick ratio of 28.92. The company’s fifty day moving average price is GBX 68.20 and its 200 day moving average price is GBX 62.36.

Analyst Ratings Changes

A number of analysts have recently commented on AET shares. Shore Capital Group reiterated a “buy” rating on shares of Afentra in a research report on Thursday, April 23rd. Canaccord Genuity Group upgraded Afentra to a “buy” rating and raised their price target for the stock from GBX 80 to GBX 115 in a research note on Thursday, April 2nd. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of GBX 104.33.

About Afentra

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. Afentra plc was formerly known as Sterling Energy plc and changed its name to Afentra plc in May 2021. The company was incorporated in 1983 and is based in London, the United Kingdom.