Caspian Sunrise (LON:CASP) Trading Up 0.2% – Here’s What Happened

Caspian Sunrise plc (LON:CASP) traded up 0.2% during trading on Friday . The stock traded as high as GBX 2.30 and last traded at GBX 2.02. 93,800 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 941,059 shares. The stock had previously closed at GBX 2.01.

Caspian Sunrise Stock Up 0.2%

The company’s 50 day simple moving average is GBX 2.41 and its 200-day simple moving average is GBX 2.40. The company has a current ratio of 1.49, a quick ratio of 0.44 and a debt-to-equity ratio of 9.45. The firm has a market cap of £47.48 million, a P/E ratio of 4.38 and a beta of 1.39.

About Caspian Sunrise

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.