88 Energy Limited (LON:88E – Get Free Report)’s stock price shot up 11.6% during trading on Thursday. The company traded as high as GBX 1.20 and last traded at GBX 1.20. Approximately 1,978,970 shares traded hands during trading, an increase of 45% from the average daily volume of 1,366,963 shares. The stock had previously closed at GBX 1.07.
88 Energy Stock Up 11.6%
The stock has a fifty day moving average price of GBX 1.08 and a two-hundred day moving average price of GBX 1.21. The company has a market capitalization of £15.97 million, a price-to-earnings ratio of -0.41 and a beta of 0.88.
88 Energy Company Profile
88E has operator exploration interests in onshore Alaska and non-operator production interests in onshore Texas. The Company has been operating on the North Slope of Alaska since 2015, successfully drilling multiple exploration wells and acquiring extensive seismic data across a large acreage position.
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