Caspian Sunrise (LON:CASP) Stock Price Up 15.4%

Caspian Sunrise plc (LON:CASPGet Free Report) rose 15.4% during trading on Monday . The company traded as high as GBX 3.88 ($0.05) and last traded at GBX 3 ($0.04). Approximately 7,262,797 shares changed hands during trading, an increase of 797% from the average daily volume of 809,982 shares. The stock had previously closed at GBX 2.60 ($0.03).

Caspian Sunrise Stock Up 7.4 %

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 has a market cap of £82.13 million, a PE ratio of -33.00 and a beta of 0.98. The business’s 50-day simple moving average is GBX 2.52 and its 200 day simple moving average is GBX 2.75.

About Caspian Sunrise

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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.

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