Energean (LON:ENOG) Insider Andreas Persianis Acquires 5,000 Shares of Stock

Energean plc (LON:ENOG) insider Andreas Persianis bought 5,000 shares of the business’s stock in a transaction on Tuesday, August 4th. The stock was bought at an average price of GBX 755 per share, with a total value of £37,750.

Energean Price Performance

Shares of Energean stock remained flat at GBX 753.50 on Tuesday. 4,508,638 shares of the stock traded hands, compared to its average volume of 1,086,095. The stock’s 50-day moving average is GBX 738.34 and its 200-day moving average is GBX 823.84. The company has a debt-to-equity ratio of 2,560.13, a quick ratio of 1.42 and a current ratio of 0.79. Energean plc has a fifty-two week low of GBX 674.50 and a fifty-two week high of GBX 1,042. The company has a market cap of £1.39 billion, a P/E ratio of -4.69 and a beta of 0.23.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on ENOG. Berenberg Bank reaffirmed a “hold” rating and set a GBX 765 price target on shares of Energean in a research note on Wednesday, May 20th. Jefferies Financial Group restated an “underperform” rating and issued a GBX 680 price objective on shares of Energean in a report on Thursday, May 21st. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a GBX 950 target price on shares of Energean in a research note on Wednesday, May 20th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 798.33.

Energean Company Profile

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license. The company was formerly known as Energean Oil & Gas plc and changed its name to Energean plc in May 2020. Energean plc was founded in 2007 and is based in London, the United Kingdom.