88 Energy Limited (LON:88E – Get Free Report)’s share price fell 4.1% during trading on Wednesday . The company traded as low as GBX 1.15 and last traded at GBX 1.15. 1,139,765 shares traded hands during mid-day trading, a decline of 35% from the average session volume of 1,743,078 shares. The stock had previously closed at GBX 1.20.
88 Energy Stock Down 4.1%
The business has a 50-day moving average price of GBX 1.31 and a two-hundred day moving average price of GBX 1.26. The company has a market capitalization of £15.32 million, a price-to-earnings ratio of -0.25 and a beta of 0.88.
About 88 Energy
88E has operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. The Company has been operating on the North Slope of Alaska since 2015, successfully drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position.
Read More
- Five stocks we like better than 88 Energy
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Receive News & Ratings for 88 Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 88 Energy and related companies with MarketBeat.com's FREE daily email newsletter.
