Caspian Sunrise (LON:CASP) Trading Up 1.6% – Here’s What Happened

Shares of Caspian Sunrise plc (LON:CASPGet Free Report) rose 1.6% during trading on Tuesday . The company traded as high as GBX 3.20 ($0.04) and last traded at GBX 3.20 ($0.04). Approximately 805,801 shares traded hands during mid-day trading, a decline of 38% from the average daily volume of 1,291,544 shares. The stock had previously closed at GBX 3.15 ($0.04).

Caspian Sunrise Price Performance

The company’s fifty day moving average is GBX 3.18 and its two-hundred day moving average is GBX 3.60. The company has a debt-to-equity ratio of 17.99, a quick ratio of 0.44 and a current ratio of 0.49. The firm has a market cap of £72 million, a price-to-earnings ratio of -33.00 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.

Further Reading

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