Capricorn Energy (LON:CNE) Share Price Passes Above 200-Day Moving Average – Here’s What Happened

Capricorn Energy PLC (LON:CNE)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 254.54 ($3.29) and traded as high as GBX 258.50 ($3.34). Capricorn Energy shares last traded at GBX 255.50 ($3.30), with a volume of 7,609 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “buy” rating on shares of Capricorn Energy in a research note on Thursday, January 23rd.

Capricorn Energy Stock Performance

The company has a debt-to-equity ratio of 32.44, a current ratio of 2.56 and a quick ratio of 6.29. The company has a market capitalization of £235.92 million, a price-to-earnings ratio of -2.65, a PEG ratio of -1.92 and a beta of 1.35. The stock has a 50 day simple moving average of GBX 296.48 and a two-hundred day simple moving average of GBX 254.71.

About Capricorn Energy