Beacon Energy (LON:BCE) Sets New 1-Year Low – Should You Sell?

Beacon Energy plc (LON:BCE – Get Free Report)’s stock price reached a new 52-week low on Wednesday. The stock traded as low as GBX 2 and last traded at GBX 2.44, with a volume of 3221325 shares changing hands. The stock had previously closed at GBX 3.25.

Beacon Energy Stock Performance

The company has a market capitalization of £3.08 million, a price-to-earnings ratio of -0.44 and a beta of -0.30. The company has a 50-day moving average price of GBX 3.13 and a 200-day moving average price of GBX 3.09.

Insiders Place Their Bets

In other news, insider Stewart Macdonald acquired 130,989 shares of the firm’s stock in a transaction that occurred on Wednesday, October 7th. The stock was purchased at an average price of GBX 2 per share, for a total transaction of £2,619.78. 5.94% of the stock is owned by insiders.

Beacon Energy Company Profile

(Get Free Report)

Beacon Energy plc is an international upstream oil & gas company with a fresh approach.

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