Afentra (LON:AET) Stock Rating Reaffirmed by Shore Capital

Shore Capital restated their not rated rating on shares of Afentra (LON:AET) in a research report sent to investors on Thursday, Marketbeat Ratings reports.

Afentra Price Performance

Afentra stock opened at GBX 53.80 ($0.70) on Thursday. The business has a 50-day simple moving average of GBX 55.73 and a 200 day simple moving average of GBX 46.35. Afentra has a 52 week low of GBX 24.35 ($0.31) and a 52 week high of GBX 62.54 ($0.81). The company has a quick ratio of 28.92, a current ratio of 1.46 and a debt-to-equity ratio of 48.33. The stock has a market cap of £121.67 million, a price-to-earnings ratio of -1,345.00 and a beta of 0.07.

Insider Transactions at Afentra

In other news, insider Anastasia Deulina sold 34,592 shares of the company’s stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of GBX 5,786 ($74.83), for a total value of £2,001,493.12 ($2,588,583.96). In related news, insider Anastasia Deulina sold 34,592 shares of the stock in a transaction dated Thursday, July 11th. The stock was sold at an average price of GBX 5,786 ($74.83), for a total transaction of £2,001,493.12 ($2,588,583.96). Also, insider Ian Richard Cloke sold 9,549 shares of the stock in a transaction dated Friday, June 7th. The shares were sold at an average price of GBX 57 ($0.74), for a total value of £5,442.93 ($7,039.49). Company insiders own 47.27% of the company’s stock.

About Afentra

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.