Caspian Sunrise (LON:CASP) Trading Down 1% – Here’s Why

Caspian Sunrise plc (LON:CASPGet Free Report)’s share price dropped 1% on Friday . The company traded as low as GBX 2.92 ($0.04) and last traded at GBX 2.92 ($0.04). Approximately 250,000 shares traded hands during trading, a decline of 81% from the average daily volume of 1,301,802 shares. The stock had previously closed at GBX 2.95 ($0.04).

Caspian Sunrise Stock Performance

The company’s fifty day simple moving average is GBX 3.38 and its 200 day simple moving average is GBX 3.66. The stock has a market capitalization of £64.13 million, a P/E ratio of -33.00 and a beta of 1.95. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 17.99.

Caspian Sunrise Company Profile

(Get Free Report)

Caspian Sunrise plc engages in the exploration and production of oil and gas assets in Central Asia. The company operates through Exploration for and Production of Crude Oil; Onshore Drilling Services; and Offshore Drilling Services segments. It explores for and produces crude oil. The company holds a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan.

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