Block Energy Plc (LON:BLOE – Get Free Report)’s stock price traded up 4.7% during mid-day trading on Friday . The company traded as high as GBX 0.84 ($0.01) and last traded at GBX 0.84 ($0.01). 6,340,960 shares traded hands during trading, an increase of 283% from the average session volume of 1,654,754 shares. The stock had previously closed at GBX 0.80 ($0.01).
Block Energy Stock Performance
The stock has a market cap of £8.87 million, a P/E ratio of -6.85 and a beta of 0.27. The company has a current ratio of 3.26, a quick ratio of 0.71 and a debt-to-equity ratio of 7.70. The stock has a 50 day simple moving average of GBX 0.72 and a 200 day simple moving average of GBX 0.82.
About Block Energy
Led by a management team with unrivalled experience in the Caucasus, Block’s aim is to deliver near and medium-term cashflows for reinvestment into medium and longer-term high impact opportunities, though a four-project strategy.
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