Angus Energy (LON:ANGS) Stock Price Up 25.4%

Shares of Angus Energy plc (LON:ANGS) rose 25.4% on Thursday . The company traded as high as GBX 0.44 ($0.01) and last traded at GBX 0.44 ($0.01). Approximately 12,181,182 shares were traded during mid-day trading, an increase of 39% from the average daily volume of 8,765,036 shares. The stock had previously closed at GBX 0.35 ($0.00).

Angus Energy Stock Performance

The stock has a market capitalization of £20.85 million, a PE ratio of 15.83 and a beta of 0.19. The company has a debt-to-equity ratio of 45.31, a quick ratio of 0.59 and a current ratio of 0.14. The firm’s 50 day moving average is GBX 0.38 and its two-hundred day moving average is GBX 0.47.

Insiders Place Their Bets

In related news, insider Richard Herbert acquired 5,000,000 shares of Angus Energy stock in a transaction dated Tuesday, April 16th. The shares were acquired at an average cost of GBX 1 ($0.01) per share, for a total transaction of £50,000 ($62,806.18). Insiders own 45.82% of the company’s stock.

About Angus Energy

Angus Energy plc operates as a independent onshore oil and gas company in the United Kingdom. It engages in the extraction and distribution of oil and gas to third parties. The company owns 100% interest in the Saltfleetby Gas Field comprising one license covering an area of 91.8 square kilometers located Lincolnshire; and 25% interest in the Balcombe Field consisting of one license, which covers an area of 154 square kilometers located in Weald Basin, the United Kingdom.