Block Energy Plc (LON:BLOE – Get Free Report)’s share price traded up 10.3% during trading on Tuesday . The company traded as high as GBX 0.80 ($0.01) and last traded at GBX 0.80 ($0.01). 238,306 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 1,548,196 shares. The stock had previously closed at GBX 0.73 ($0.01).
Block Energy Stock Down 1.0 %
The company has a current ratio of 3.26, a quick ratio of 0.71 and a debt-to-equity ratio of 7.70. The stock has a 50 day simple moving average of GBX 0.71 and a 200 day simple moving average of GBX 0.83. The firm has a market capitalization of £7.04 million, a PE ratio of -5.44 and a beta of 0.27.
About Block Energy
Led by a management team with unrivalled experience in the Caucasus, Block’s aim is to deliver near and medium-term cashflows for reinvestment into medium and longer-term high impact opportunities, though a four-project strategy.
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