88 Energy (LON:88E) Trading Down 9.1% – Here’s Why

88 Energy Limited (LON:88EGet Free Report)’s stock price traded down 9.1% on Friday . The stock traded as low as GBX 1.25 and last traded at GBX 1.25. 136,258 shares were traded during trading, a decline of 93% from the average session volume of 1,855,813 shares. The stock had previously closed at GBX 1.38.

88 Energy Stock Performance

The company’s fifty day simple moving average is GBX 1.47 and its two-hundred day simple moving average is GBX 1.22. The stock has a market capitalization of £17.87 million, a PE ratio of -0.29 and a beta of 0.88.

88 Energy Company Profile

(Get Free Report)

88 Energy is a multi-listed (ASX:88E,AIM:88E, OTC:EEENF) oil and gas exploration and production company with a North American focus.

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.

Featured Stories

Receive News & Ratings for 88 Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 88 Energy and related companies with MarketBeat.com's FREE daily email newsletter.