Caspian Sunrise (LON:CASP) Trading Down 1% – Here’s What Happened

Caspian Sunrise plc (LON:CASPGet Free Report) shares dropped 1% during mid-day trading on Friday . The stock traded as low as GBX 2.92 ($0.04) and last traded at GBX 2.92 ($0.04). Approximately 250,000 shares were traded during mid-day trading, a decline of 81% from the average daily volume of 1,301,802 shares. The stock had previously closed at GBX 2.95 ($0.04).

Caspian Sunrise Price Performance

The firm has a market cap of £64.13 million, a PE ratio of -33.00 and a beta of 1.95. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 17.99. The stock has a 50 day moving average price of GBX 3.38 and a two-hundred day moving average price of GBX 3.66.

About Caspian Sunrise

(Get Free Report)

Caspian Sunrise plc engages in the exploration and production of oil and gas assets in Central Asia. The company operates through Exploration for and Production of Crude Oil; Onshore Drilling Services; and Offshore Drilling Services segments. It explores for and produces crude oil. The company holds a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan.

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