Bowleven (LON:BLVN) Trading 5% Higher

Bowleven plc (LON:BLVNGet Free Report) traded up 5% during mid-day trading on Monday . The company traded as high as GBX 0.23 ($0.00) and last traded at GBX 0.21 ($0.00). 3,819,935 shares were traded during trading, an increase of 120% from the average session volume of 1,732,671 shares. The stock had previously closed at GBX 0.20 ($0.00).

Bowleven Price Performance

The company has a 50-day moving average of GBX 0.20 and a 200-day moving average of GBX 0.20. The company has a debt-to-equity ratio of 0.01, a quick ratio of 8.06 and a current ratio of 5.74. The stock has a market cap of £3.78 million, a price-to-earnings ratio of -16.50, a PEG ratio of -0.02 and a beta of 0.53.

Bowleven Company Profile

(Get Free Report)

Bowleven plc engages in the exploration and appraisal of oil and gas properties in West Africa. It holds a 25% interest in the shallow water offshore Etinde permit that covers an area of approximately 461 square kilometers located in Cameroon. The company was incorporated in 2001 and is headquartered in London, the United Kingdom.

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