Caspian Sunrise (LON:CASP) Trading 1.7% Higher

Shares of Caspian Sunrise plc (LON:CASP – Get Rating) shot up 1.7% during mid-day trading on Friday . The company traded as high as GBX 6.20 ($0.08) and last traded at GBX 6.10 ($0.08). 2,203,518 shares were traded during mid-day trading, a decline of 14% from the average session volume of 2,557,427 shares. The stock had previously closed at GBX 6 ($0.08).

Caspian Sunrise Price Performance

The company has a quick ratio of 0.44, a current ratio of 0.47 and a debt-to-equity ratio of 1.98. The company has a market capitalization of £137.25 million, a P/E ratio of -33.00 and a beta of 1.20. The business has a 50 day simple moving average of GBX 6.38 and a 200-day simple moving average of GBX 5.60.

Caspian Sunrise Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, March 23rd. Shareholders of record on Thursday, March 2nd were paid a GBX 0.04 ($0.00) dividend. This represents a yield of 0.62%. The ex-dividend date of this dividend was Thursday, March 2nd.

Caspian Sunrise Company Profile

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Caspian Sunrise plc engages in the exploration and production of crude oil in Central Asia. The company has 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. The company was formerly known as Roxi Petroleum Plc and changed its name to Caspian Sunrise plc in March 2017.