Capricorn Energy (OTCMKTS:CRNCY) Stock Price Up 18.8% – What’s Next?

Capricorn Energy PLC Unsponsored ADR (OTCMKTS:CRNCYGet Free Report)’s stock price was up 18.8% during mid-day trading on Wednesday . The stock traded as high as $6.00 and last traded at $6.00. Approximately 100 shares changed hands during mid-day trading, an increase of 723% from the average daily volume of 12 shares. The stock had previously closed at $5.05.

Capricorn Energy Trading Up 18.8%

The company has a current ratio of 2.42, a quick ratio of 2.35 and a debt-to-equity ratio of 0.12. The stock’s fifty day moving average is $5.14 and its 200-day moving average is $5.58.

About Capricorn Energy

(Get Free Report)

Capricorn Energy is an independent oil and gas exploration and production company with a primary focus on upstream activities. The company engages in the exploration, development, and production of hydrocarbon resources, targeting both conventional and emerging plays. Its operations span various stages of the upstream lifecycle, from seismic acquisition and well drilling to production optimization and field extension projects.

Capricorn Energy’s asset portfolio is geographically diverse, with producing and development-stage interests across Africa and the Middle East.

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