Kistos (LON:KIST) Trading Up 0.7% – Time to Buy?

Kistos Holdings Plc (LON:KIST)’s stock price was up 0.7% during trading on Tuesday . The stock traded as high as GBX 285 and last traded at GBX 282. 101,384 shares changed hands during mid-day trading, a decline of 59% from the average session volume of 244,797 shares. The stock had previously closed at GBX 280.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 325 price objective on shares of Kistos in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of GBX 325.

Kistos Price Performance

The stock’s 50 day moving average is GBX 262.62 and its two-hundred day moving average is GBX 264.91. The stock has a market capitalization of £234.39 million, a PE ratio of -141.00 and a beta of 0.45. The company has a debt-to-equity ratio of 656.21, a current ratio of 0.90 and a quick ratio of 2.33.

Kistos (LON:KIST) last issued its quarterly earnings results on Friday, June 26th. The company reported GBX (0.02) earnings per share (EPS) for the quarter. Kistos had a negative return on equity of 6.64% and a negative net margin of 1.13%.The firm had revenue of £212.94 million during the quarter. As a group, sell-side analysts forecast that Kistos Holdings Plc will post 0.68 earnings per share for the current fiscal year.

Kistos Company Profile

Kistos is an independent, integrated energy company with upstream and midstream operations across international markets.

Our operations span the UK, Norway, and the Netherlands. Kistos’ investments across the value chain include upstream operations, both offshore and onshore, and the operation of critical infrastructure to process and store hydrocarbons for ready deployment in the energy market.

Central to our approach is operating with industry-leading sustainability and social responsibility credentials.