Angus Energy (LON:ANGS) Trading 25.4% Higher

Angus Energy plc (LON:ANGS)’s stock price traded up 25.4% on Thursday . The company traded as high as GBX 0.44 ($0.01) and last traded at GBX 0.44 ($0.01). 12,181,182 shares changed hands during mid-day trading, an increase of 39% from the average session volume of 8,765,036 shares. The stock had previously closed at GBX 0.35 ($0.00).

Angus Energy Stock Up 5.6 %

The company has a market capitalization of £20.85 million, a price-to-earnings ratio of 15.83 and a beta of 0.19. The company has a quick ratio of 0.59, a current ratio of 0.14 and a debt-to-equity ratio of 45.31. The firm has a 50 day moving average price of GBX 0.38 and a two-hundred day moving average price of GBX 0.47.

Insider Buying and Selling at Angus Energy

In related news, insider Richard Herbert bought 5,000,000 shares of the business’s stock in a transaction dated Tuesday, April 16th. The shares were acquired at an average price of GBX 1 ($0.01) per share, for a total transaction of £50,000 ($62,806.18). 45.82% of the stock is currently owned by insiders.

About Angus Energy

Angus Energy plc operates as a independent onshore oil and gas company in the United Kingdom. It engages in the extraction and distribution of oil and gas to third parties. The company owns 100% interest in the Saltfleetby Gas Field comprising one license covering an area of 91.8 square kilometers located Lincolnshire; and 25% interest in the Balcombe Field consisting of one license, which covers an area of 154 square kilometers located in Weald Basin, the United Kingdom.