Afentra’s (AET) “Buy” Rating Reaffirmed at Shore Capital

Shore Capital reiterated their buy rating on shares of Afentra (LON:AET) in a report published on Tuesday morning,Digital Look reports.

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 90 ($1.17) price target on shares of Afentra in a report on Thursday, January 23rd.

Afentra Price Performance

Shares of AET opened at GBX 40.40 ($0.52) on Tuesday. The firm has a market capitalization of £114.11 million, a price-to-earnings ratio of 577.14 and a beta of 0.10. The company has a debt-to-equity ratio of 85.96, a quick ratio of 28.92 and a current ratio of 0.78. Afentra has a one year low of GBX 36.10 ($0.47) and a one year high of GBX 62.54 ($0.81). The stock’s fifty day moving average is GBX 45.58 and its 200-day moving average is GBX 46.61.

About Afentra

Afentra plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa. The company is involved in the appraisal, exploration, development, and production of oil and gas. It holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.