Deltic Energy (LON:DELT) PT Lowered to GBX 95

Deltic Energy (LON:DELT) had its price target decreased by Canaccord Genuity Group from GBX 100 ($1.28) to GBX 95 ($1.22) in a research report sent to investors on Wednesday, Marketbeat reports. Canaccord Genuity Group currently has a speculative buy rating on the stock.

Deltic Energy Price Performance

Shares of DELT opened at GBX 10.20 ($0.13) on Wednesday. The firm has a fifty day simple moving average of GBX 11.55 and a two-hundred day simple moving average of GBX 23.87. The firm has a market cap of £9.50 million, a PE ratio of -340.00 and a beta of 1.53. The company has a current ratio of 3.52, a quick ratio of 30.42 and a debt-to-equity ratio of 0.62. Deltic Energy has a 1-year low of GBX 7 ($0.09) and a 1-year high of GBX 44 ($0.56).

Deltic Energy Company Profile

Deltic Energy Plc, a natural resources investing company, engages in the exploration, evaluation, and development of oil and gas licenses. It holds licenses in the Southern and Central North Sea. The company was formerly known as Cluff Natural Resources Plc and changed its name to Deltic Energy Plc in June 2020.