Caspian Sunrise (LON:CASP) Hits New 12-Month Low – Time to Sell?

Caspian Sunrise plc (LON:CASPGet Free Report)’s share price hit a new 52-week low on Friday . The company traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.57 ($0.03), with a volume of 1569994 shares changing hands. The stock had previously closed at GBX 2.65 ($0.03).

Caspian Sunrise Stock Down 3.2 %

The firm’s 50-day simple moving average is GBX 3.02 and its 200-day simple moving average is GBX 3.14. The company has a debt-to-equity ratio of 9.37, a quick ratio of 0.44 and a current ratio of 0.50. The company has a market capitalization of £72.41 million, a price-to-earnings ratio of 6.82 and a beta of 1.95.

Caspian Sunrise Company Profile

(Get Free Report)

Caspian Sunrise plc engages in the exploration and production of oil and gas assets in Central Asia. The company operates through Exploration for and Production of Crude Oil; Onshore Drilling Services; and Offshore Drilling Services segments. It explores for and produces crude oil. The company holds a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan.

Read More

Receive News & Ratings for Caspian Sunrise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caspian Sunrise and related companies with MarketBeat.com's FREE daily email newsletter.