Shares of Beacon Energy plc (LON:BCE – Get Free Report) traded up 32% during mid-day trading on Friday. The company traded as high as GBX 3.42 and last traded at GBX 3.17. 952,696 shares were traded during trading, an increase of 658% from the average session volume of 125,696 shares. The stock had previously closed at GBX 2.40.
Beacon Energy Stock Performance
The company has a 50 day moving average price of GBX 2.73 and a 200 day moving average price of GBX 2.59. The company has a market capitalization of £3.95 million, a price-to-earnings ratio of -0.68 and a beta of -0.30.
Insiders Place Their Bets
In other news, insider Stewart Macdonald purchased 130,989 shares of the business’s stock in a transaction on Wednesday, October 7th. The shares were acquired at an average price of GBX 2 per share, for a total transaction of £2,619.78. Company insiders own 5.94% of the company’s stock.
Beacon Energy Company Profile
Beacon Energy plc is an international upstream oil & gas company with a fresh approach.
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