88 Energy (LON:88E) Reaches New 1-Year Low – Here’s Why

88 Energy Limited (LON:88E – Get Free Report) hit a new 52-week low during mid-day trading on Monday. The stock traded as low as GBX 0.90 and last traded at GBX 0.90, with a volume of 279,470 shares. The stock had previously closed at GBX 0.90.

88 Energy Price Performance

The stock’s fifty day moving average price is GBX 1.08 and its 200 day moving average price is GBX 1.19. The stock has a market cap of £11.98 million, a PE ratio of -0.31 and a beta of 0.88.

About 88 Energy

(Get Free Report)

88 Energy is a multi-listed (ASX:88E,AIM:88E, OTC:EEENF) oil and gas exploration and production company with a North American focus.

88E has operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. The Company has been operating on the North Slope of Alaska since 2015, successfully drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position.

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