Andalas Energy and Power PLC (ADL) Given Speculative Buy Rating at Beaufort Securities
Beaufort Securities reissued their speculative buy rating on shares of Andalas Energy and Power PLC (LON:ADL) in a research report released on Thursday morning. The brokerage currently has a GBX 0.20 ($0.00) target price on the stock.
Shares of Andalas Energy and Power PLC (ADL) traded down 7.1038% on Thursday, reaching GBX 0.0425. The company’s stock had a trading volume of 90,733,285 shares. The stock’s market cap is GBX 1.06 million. Andalas Energy and Power PLC has a 52-week low of GBX 0.04 and a 52-week high of GBX 0.16. The firm’s 50 day moving average is GBX 0.05 and its 200-day moving average is GBX 0.08.
About Andalas Energy and Power PLC
Andalas Energy and Power Plc, formerly CEB Resources plc, is an upstream oil and gas and power company. The Company operates as an energy company focused on power generation, and exploration and production activities in Indonesia. The Company’s operations include gas to power operations and Tuba Obi East (TOE) operations.
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