Afentra (LON:AET) Sets New 1-Year High at $57.00

Shares of Afentra plc (LON:AET) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 57 ($0.72) and last traded at GBX 54.60 ($0.69), with a volume of 1645114 shares traded. The stock had previously closed at GBX 56.40 ($0.72).

Analysts Set New Price Targets

Separately, Shore Capital restated a “not rated” rating on shares of Afentra in a research note on Wednesday, March 13th.

Afentra Price Performance

The business has a fifty day moving average of GBX 44.85 and a 200-day moving average of GBX 38.58. The company has a debt-to-equity ratio of 48.33, a quick ratio of 28.92 and a current ratio of 1.46. The firm has a market capitalization of £123.48 million, a P/E ratio of -1,390.00 and a beta of 0.07.

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.