Caspian Sunrise (LON:CASP) Stock Price Down 2.2% – Should You Sell?

Caspian Sunrise plc (LON:CASPGet Free Report)’s share price traded down 2.2% on Thursday . The stock traded as low as GBX 3.08 ($0.04) and last traded at GBX 3.08 ($0.04). 69,837 shares were traded during mid-day trading, a decline of 84% from the average session volume of 428,422 shares. The stock had previously closed at GBX 3.15 ($0.04).

Caspian Sunrise Price Performance

The company has a debt-to-equity ratio of 9.37, a quick ratio of 0.44 and a current ratio of 0.50. The firm’s fifty day moving average is GBX 3.04 and its two-hundred day moving average is GBX 3.36. The company has a market cap of £91.71 million, a P/E ratio of 8.64 and a beta of 1.95.

Caspian Sunrise Company Profile

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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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