Longboat Energy (LON:LBE) Sets New 12-Month Low at $23.00

Longboat Energy plc (LON:LBEGet Rating) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 23 ($0.26) and last traded at GBX 23.20 ($0.27), with a volume of 43376 shares. The stock had previously closed at GBX 23.25 ($0.27).

Longboat Energy Price Performance

The stock has a market capitalization of £13.18 million and a P/E ratio of -1.79. The business’s 50 day simple moving average is GBX 40.54 and its two-hundred day simple moving average is GBX 44.51. The company has a quick ratio of 2.60, a current ratio of 2.68 and a debt-to-equity ratio of 45.83.

Longboat Energy Company Profile

(Get Rating)

Longboat Energy plc, a full-cycle North Sea-focused E&P company, focuses on acquiring oil and gas assets in Norway and the United Kingdom. The company was incorporated in 2019 and is based in London, the United Kingdom.

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