Caspian Sunrise (LON:CASP) Shares Down 4.5%

Caspian Sunrise plc (LON:CASP) shares traded down 4.5% on Tuesday . The stock traded as low as GBX 3.10 ($0.04) and last traded at GBX 3.15 ($0.04). 2,593,114 shares traded hands during trading, an increase of 115% from the average session volume of 1,204,057 shares. The stock had previously closed at GBX 3.30 ($0.04).

Caspian Sunrise Stock Performance

The company has a current ratio of 0.28, a quick ratio of 0.44 and a debt-to-equity ratio of 4.03. The firm’s 50-day moving average is GBX 2.89 and its two-hundred day moving average is GBX 2.82. The stock has a market cap of £67.50 million, a price-to-earnings ratio of -33.00 and a beta of 0.98.

Caspian Sunrise Company Profile

Caspian Sunrise plc engages in the exploration and production of oil and gas assets in Central Asia. The company operates through Exploration for and Production of Crude Oil; Onshore Drilling Services; and Offshore Drilling Services segments. It explores for and produces crude oil. The company holds a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan.