Shore Capital Reiterates “House Stock” Rating for Echo Energy (LON:ECHO)

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Echo Energy (LON:ECHO)‘s stock had its “house stock” rating restated by research analysts at Shore Capital in a report issued on Monday, Digital Look reports.

ECHO stock opened at GBX 1.05 ($0.01) on Monday. The stock has a market capitalization of £12.80 million and a P/E ratio of -0.81. Echo Energy has a one year low of GBX 0.31 ($0.00) and a one year high of GBX 1.90 ($0.02). The company has a debt-to-equity ratio of 1,867.95, a quick ratio of 1.06 and a current ratio of 1.14. The company has a 50 day moving average price of GBX 0.86 and a two-hundred day moving average price of GBX 0.61.

Echo Energy Company Profile

Echo Energy plc, through its subsidiaries, operates as an exploration and gas focused E&P company in Latin America. The company's asset portfolio consists of Santa Cruz Sur and Tapi Aike. It also engages in holding Argentinian and Bolivian branch assets. The company was formerly known as Independent Resources plc.

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