Shares of 88 Energy Limited (LON:88E – Get Free Report) fell 7.1% during trading on Thursday . The stock traded as low as GBX 1.30 and last traded at GBX 1.30. 372,746 shares were traded during mid-day trading, a decline of 79% from the average session volume of 1,813,223 shares. The stock had previously closed at GBX 1.40.
88 Energy Trading Down 1.6%
The company has a market cap of £18.34 million, a PE ratio of -0.30 and a beta of 0.88. The company’s 50 day moving average is GBX 1.47 and its 200 day moving average is GBX 1.21.
88 Energy Company Profile
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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