Insider Buying: Angus Energy plc (LON:ANGS) Insider Purchases 5,000,000 Shares of Stock

Angus Energy plc (LON:ANGS) insider Richard Herbert purchased 5,000,000 shares of the company’s stock in a transaction that occurred on Tuesday, April 16th. The stock was acquired at an average cost of GBX 1 ($0.01) per share, with a total value of £50,000 ($62,243.25).

Angus Energy Stock Performance

Shares of LON ANGS remained flat at GBX 0.48 ($0.01) during mid-day trading on Wednesday. 6,022,310 shares of the stock traded hands, compared to its average volume of 9,169,516. The firm has a market cap of £20.85 million, a P/E ratio of 15.43 and a beta of 0.19. The firm’s fifty day moving average price is GBX 0.37 and its two-hundred day moving average price is GBX 0.49. The company has a debt-to-equity ratio of 45.31, a quick ratio of 0.59 and a current ratio of 0.14. Angus Energy plc has a 12 month low of GBX 0.28 ($0.00) and a 12 month high of GBX 1.95 ($0.02).

Angus Energy Company Profile

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.