Deltic Energy (LON:DELT) Shares Down 13.3% – Here’s Why

Deltic Energy Plc (LON:DELT) dropped 13.3% during trading on Thursday . The company traded as low as GBX 6.50 and last traded at GBX 6.50. Approximately 3,029,521 shares were traded during mid-day trading, an increase of 419% from the average daily volume of 583,565 shares. The stock had previously closed at GBX 7.50.

Deltic Energy Trading Down 10.7%

The company has a debt-to-equity ratio of 2,554.21, a quick ratio of 30.42 and a current ratio of 0.33. The firm has a 50 day simple moving average of GBX 3.52 and a two-hundred day simple moving average of GBX 4.40. The firm has a market capitalization of £6.24 million, a P/E ratio of -2.10 and a beta of 0.81.

About Deltic Energy

An emerging UK focused E&P company