Kistos (LON:KIST) Stock Price Down 6.4% – What’s Next?

Kistos Holdings Plc (LON:KIST) shares traded down 6.4% on Monday . The stock traded as low as GBX 220 and last traded at GBX 220. 255,212 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 346,709 shares. The stock had previously closed at GBX 235.

Wall Street Analyst Weigh In

Separately, Berenberg Bank upped their price target on Kistos from GBX 280 to GBX 285 and gave the stock a “buy” rating in a research note on Friday, January 9th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of GBX 285.

Kistos Stock Performance

The company has a current ratio of 1.80, a quick ratio of 2.33 and a debt-to-equity ratio of 264.33. The firm has a market cap of £182.30 million, a PE ratio of -3.86 and a beta of 0.33. The stock’s 50 day moving average price is GBX 189.02 and its 200 day moving average price is GBX 174.05.

About Kistos

Kistos is an independent, integrated energy company with upstream and midstream operations across international markets.

Our operations span the UK, Norway, and the Netherlands. Kistos’ investments across the value chain include upstream operations, both offshore and onshore, and the operation of critical infrastructure to process and store hydrocarbons for ready deployment in the energy market.

Central to our approach is operating with industry-leading sustainability and social responsibility credentials.