Caspian Sunrise plc (LON:CASP – Get Free Report) shares were down 24.1% on Friday. The stock traded as low as GBX 0.85 and last traded at GBX 1.02. 34,786,781 shares traded hands during mid-day trading, an increase of 4,034% from the average daily volume of 841,580 shares. The stock had previously closed at GBX 1.35.
Caspian Sunrise Stock Performance
The company has a market cap of £24.13 million, a price-to-earnings ratio of 2.23 and a beta of 1.33. The business’s 50 day moving average price is GBX 1.88 and its 200-day moving average price is GBX 2.10. The company has a current ratio of 1.80, a quick ratio of 0.44 and a debt-to-equity ratio of 7.16.
Caspian Sunrise Company Profile
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. It also offers onshore drilling and repair services; and offshore drilling services.
Further Reading
- Five stocks we like better than Caspian Sunrise
- Intuitive Machines’ Business Is Taking Off—Will Its Stock Follow?
- The Next Big Thing May Not Be One Thing: Inside Lazard’s Megatrends ETF
- 3 Power and Grid Stocks That Could Keep Growing Even if AI Spending Slows
- Applied Materials Beats and Raises, But Investors Stay Unconvinced
Receive News & Ratings for Caspian Sunrise Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Caspian Sunrise and related companies with MarketBeat.com's FREE daily email newsletter.
