Energean plc (LON:ENOG) Insider Purchases £85,100 in Stock

Energean plc (LON:ENOG) insider Andreas Persianis purchased 10,000 shares of the stock in a transaction dated Monday, March 24th. The shares were acquired at an average price of GBX 851 ($10.99) per share, with a total value of £85,100 ($109,891.53).

Energean Trading Down 6.5 %

Shares of LON:ENOG traded down GBX 57 ($0.74) during mid-day trading on Monday, reaching GBX 815.50 ($10.53). 598,448 shares of the company were exchanged, compared to its average volume of 632,144. Energean plc has a 1 year low of GBX 799.73 ($10.33) and a 1 year high of GBX 1,233 ($15.92). The company has a debt-to-equity ratio of 498.55, a current ratio of 1.31 and a quick ratio of 1.42. The firm’s 50-day simple moving average is GBX 976.66 and its 200 day simple moving average is GBX 971.21. The firm has a market cap of £1.89 billion, a price-to-earnings ratio of 14.81 and a beta of 0.85.

Wall Street Analyst Weigh In

Separately, Berenberg Bank reaffirmed a “hold” rating and issued a GBX 940 ($12.14) target price on shares of Energean in a research report on Thursday.

About Energean

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.