Kistos (LON:KIST) Announces Quarterly Earnings Results

Kistos (LON:KIST) posted its quarterly earnings data on Friday. The company reported GBX (0.02) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Kistos had a negative net margin of 24.24% and a negative return on equity of 136.50%. The business had revenue of £212.94 million during the quarter.

Kistos Price Performance

KIST stock opened at GBX 230 on Friday. The company has a quick ratio of 2.33, a current ratio of 2.07 and a debt-to-equity ratio of 822.55. Kistos has a 12 month low of GBX 145 and a 12 month high of GBX 335. The firm has a market cap of £191.17 million, a P/E ratio of -4.04 and a beta of 0.44. The company’s 50-day moving average price is GBX 274.36 and its two-hundred day moving average price is GBX 244.42.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 325 price target on shares of Kistos in a research report on Friday. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Kistos currently has an average rating of “Buy” and an average price target of GBX 325.

Insider Buying and Selling at Kistos

In other news, insider James Thomson sold 15,601 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of GBX 286, for a total transaction of £44,618.86. Company insiders own 15.02% of the company’s stock.

Kistos Company Profile

Kistos is an independent, integrated energy company with upstream and midstream operations across international markets.

Our operations span the UK, Norway, and the Netherlands. Kistos’ investments across the value chain include upstream operations, both offshore and onshore, and the operation of critical infrastructure to process and store hydrocarbons for ready deployment in the energy market.

Central to our approach is operating with industry-leading sustainability and social responsibility credentials.