88 Energy Limited (LON:88E – Get Free Report)’s stock price traded down 15.6% during mid-day trading on Thursday. The company traded as low as GBX 0.95 and last traded at GBX 0.95. Approximately 7,737,871 shares were traded during mid-day trading, an increase of 432% from the average daily volume of 1,454,899 shares. The stock had previously closed at GBX 1.12.
88 Energy Stock Down 2.4%
The firm has a 50-day moving average price of GBX 1.10 and a two-hundred day moving average price of GBX 1.20. The company has a market capitalization of £12.67 million, a P/E ratio of -0.32 and a beta of 0.88.
About 88 Energy
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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