IGAS Energy (LON:IGAS) Shares Cross Above 200 Day Moving Average of $0.00

IGAS Energy PLC (LON:IGAS) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $62.00. IGAS Energy shares last traded at $61.00, with a volume of 44,327 shares changing hands.

The stock has a market capitalization of $74.54 million and a P/E ratio of -3.47. The company has a debt-to-equity ratio of 12.98, a current ratio of 1.55 and a quick ratio of 0.93. The firm’s fifty day moving average price is GBX 57.84.

In related news, insider Stephen Bowler purchased 616 shares of the firm’s stock in a transaction on Friday, April 26th. The shares were acquired at an average cost of GBX 73 ($0.95) per share, with a total value of £449.68 ($587.59).

About IGAS Energy (LON:IGAS)

IGas Energy plc operates as an oil and gas exploration and production company Britain. It holds interests in the 55 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.

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