Caspian Sunrise (LON:CASP) Trading Down 0.3% – Should You Sell?

Shares of Caspian Sunrise plc (LON:CASPGet Free Report) traded down 0.3% during mid-day trading on Monday . The company traded as low as GBX 2.90 ($0.04) and last traded at GBX 3.08 ($0.04). 525,032 shares were traded during mid-day trading, a decline of 11% from the average session volume of 590,274 shares. The stock had previously closed at GBX 3.09 ($0.04).

Caspian Sunrise Stock Down 0.3 %

The stock’s 50-day simple moving average is GBX 3.03 and its 200-day simple moving average is GBX 3.18. The company has a current ratio of 0.50, a quick ratio of 0.44 and a debt-to-equity ratio of 9.37. The firm has a market capitalization of £86.91 million, a P/E ratio of 8.19 and a beta of 1.95.

About Caspian Sunrise

(Get Free Report)

Caspian Sunrise plc engages in the exploration and production of oil and gas assets in Central Asia. The company operates through Exploration for and Production of Crude Oil; Onshore Drilling Services; and Offshore Drilling Services segments. It explores for and produces crude oil. The company holds a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan.

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