Capricorn Energy (LON:CNE) Stock Crosses Above 200 Day Moving Average – What’s Next?

Capricorn Energy PLC (LON:CNE) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 251.64 ($3.19) and traded as high as GBX 289.50 ($3.67). Capricorn Energy shares last traded at GBX 281 ($3.56), with a volume of 38,073 shares changing hands.

Analyst Ratings Changes

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

Capricorn Energy Trading Down 0.5 %

The stock has a market capitalization of £246.96 million, a P/E ratio of -2.77, a PEG ratio of -1.92 and a beta of 1.35. 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 business’s 50 day simple moving average is GBX 305.63 and its 200-day simple moving average is GBX 251.64.

About Capricorn Energy