Kistos (LON:KIST) Stock Price Down 1.7% – What’s Next?

Shares of Kistos Holdings Plc (LON:KIST) fell 1.7% on Thursday . The company traded as low as GBX 172 and last traded at GBX 172. 59,589 shares were traded during trading, a decline of 69% from the average session volume of 189,256 shares. The stock had previously closed at GBX 175.

Analyst Ratings Changes

Separately, Berenberg Bank lifted their target price on Kistos from GBX 235 to GBX 245 and gave the company a “buy” rating in a research note on Wednesday, October 22nd. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Kistos currently has a consensus rating of “Buy” and a consensus target price of GBX 245.

Kistos Stock Performance

The firm has a fifty day moving average price of GBX 166.51 and a 200 day moving average price of GBX 162.59. The company has a debt-to-equity ratio of 264.33, a quick ratio of 2.33 and a current ratio of 1.80. The stock has a market cap of £142.53 million, a PE ratio of -3.02 and a beta of 0.33.

About Kistos

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.