88 Energy (LON:88E) Hits New 52-Week Low – What’s Next?

88 Energy Limited (LON:88E – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as GBX 0.90 and last traded at GBX 0.90, with a volume of 6,918,884 shares trading hands. The stock had previously closed at GBX 1.

88 Energy Stock Performance

The stock’s 50 day moving average is GBX 1.09 and its 200 day moving average is GBX 1.19. The company has a market capitalization of £11.98 million, a PE ratio of -0.31 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.

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