88 Energy Limited (LON:88E – Get Free Report)’s stock price dropped 4.5% during trading on Thursday . The stock traded as low as GBX 1 and last traded at GBX 1. 607,690 shares traded hands during mid-day trading, a decline of 64% from the average daily volume of 1,687,384 shares. The stock had previously closed at GBX 1.05.
88 Energy Stock Down 4.5%
The company’s fifty day simple moving average is GBX 1.22 and its two-hundred day simple moving average is GBX 1.25. The company has a market capitalization of £13.35 million, a price-to-earnings ratio of -0.22 and a beta of 0.88.
88 Energy Company Profile
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.
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