Kistos (LON:KIST) Stock Price Up 0.7% – Still a Buy?

Shares of Kistos Holdings Plc (LON:KIST) were up 0.7% during trading on Tuesday . The stock traded as high as GBX 285 and last traded at GBX 282. Approximately 101,384 shares were traded during trading, a decline of 59% from the average session volume of 244,797 shares. The stock had previously closed at GBX 280.

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and issued a GBX 325 price target on shares of Kistos in a research note on Tuesday, July 28th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 325.

Kistos Stock Up 0.3%

The firm’s 50 day simple moving average is GBX 263.06 and its 200-day simple moving average is GBX 265.24. The company has a current ratio of 0.90, a quick ratio of 2.33 and a debt-to-equity ratio of 656.21. The stock has a market capitalization of £238.55 million, a price-to-earnings ratio of -143.50 and a beta of 0.45.

Kistos (LON:KIST) last posted its quarterly earnings data on Friday, June 26th. The company reported GBX (0.02) EPS for the quarter. The business had revenue of £212.94 million for the quarter. Kistos had a negative return on equity of 6.64% and a negative net margin of 1.13%. Equities analysts expect that Kistos Holdings Plc will post 0.68 earnings per share for the current fiscal year.

Kistos Company Profile

Kistos is an independent, integrated energy company with upstream and midstream operations across international markets.

Our operations span the UK, Norway, and the Netherlands. Kistos’ investments across the value chain include upstream operations, both offshore and onshore, and the operation of critical infrastructure to process and store hydrocarbons for ready deployment in the energy market.

Central to our approach is operating with industry-leading sustainability and social responsibility credentials.