88 Energy Limited (LON:88E – Get Free Report) traded down 9.1% during trading on Friday . The company traded as low as GBX 1.25 and last traded at GBX 1.25. 136,258 shares were traded during trading, a decline of 93% from the average session volume of 1,855,813 shares. The stock had previously closed at GBX 1.38.
88 Energy Stock Down 2.3%
The firm has a market capitalization of £17.87 million, a PE ratio of -0.29 and a beta of 0.88. The business’s fifty day moving average price is GBX 1.47 and its 200 day moving average price is GBX 1.22.
88 Energy Company Profile
88E has operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. The Company has been operating on the North Slope of Alaska since 2015, successfully drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position.
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