Arrow Exploration (LON:AXL) Stock Price Down 2.5%

Arrow Exploration Corp. (LON:AXL)’s stock price traded down 2.5% during mid-day trading on Friday . The stock traded as low as GBX 17.55 ($0.22) and last traded at GBX 17.80 ($0.22). 821,865 shares changed hands during trading, a decline of 5% from the average session volume of 866,723 shares. The stock had previously closed at GBX 18.25 ($0.22).

Analyst Ratings Changes

Separately, Canaccord Genuity Group decreased their price objective on Arrow Exploration from GBX 40 ($0.49) to GBX 36 ($0.44) and set a “buy” rating on the stock in a research report on Monday, September 11th.

Arrow Exploration Stock Performance

The stock has a market capitalization of £50.88 million, a price-to-earnings ratio of 593.33 and a beta of 1.49. The company has a debt-to-equity ratio of 0.72, a current ratio of 0.87 and a quick ratio of 1.65. The stock has a 50-day moving average of GBX 18.77 and a 200 day moving average of GBX 19.93.

Arrow Exploration Company Profile

Arrow Exploration Corp., a junior oil and gas company, engages in the acquisition, exploration, development, and production of oil and gas properties in Colombia and Western Canada. Arrow Exploration Corp. is headquartered in Calgary, Canada.