Caspian Sunrise plc (LON:CASP – Get Free Report)’s share price dropped 8.6% during trading on Friday . The stock traded as low as GBX 3.04 ($0.04) and last traded at GBX 3.20 ($0.04). Approximately 2,815,286 shares changed hands during trading, an increase of 109% from the average daily volume of 1,347,742 shares. The stock had previously closed at GBX 3.50 ($0.04).
Caspian Sunrise Trading Down 2.9 %
The stock has a 50-day simple moving average of GBX 3.31 and a two-hundred day simple moving average of GBX 3.65. 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 £76.50 million, a PE ratio of -33.00 and a beta of 1.95.
About Caspian Sunrise
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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