Arrow Exploration (LON:AXL) Trading Up 0.5%

Arrow Exploration Corp. (LON:AXL) was up 0.5% during trading on Friday . The company traded as high as GBX 22.50 ($0.28) and last traded at GBX 22.10 ($0.28). Approximately 404,906 shares were traded during mid-day trading, a decline of 49% from the average daily volume of 790,186 shares. The stock had previously closed at GBX 22 ($0.27).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 44 ($0.55) price target on shares of Arrow Exploration in a report on Thursday, March 28th.

Arrow Exploration Stock Up 0.5 %

The company has a fifty day moving average price of GBX 22.99 and a 200-day moving average price of GBX 19.83. The firm has a market capitalization of £63.18 million, a PE ratio of 736.67 and a beta of 1.43. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.65 and a current ratio of 1.40.

About Arrow Exploration

Arrow Exploration Corp., a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. Arrow Exploration Corp. is headquartered in Calgary, Canada.