Caspian Sunrise plc (LON:CASP – Get Free Report) dropped 5.9% during mid-day trading on Tuesday . The stock traded as low as GBX 2.39 and last traded at GBX 2.40. Approximately 4,133,972 shares traded hands during mid-day trading, an increase of 434% from the average daily volume of 774,157 shares. The stock had previously closed at GBX 2.55.
Caspian Sunrise Trading Down 5.9%
The firm has a fifty day moving average of GBX 2.16 and a 200-day moving average of GBX 2.23. The company has a debt-to-equity ratio of 9.37, a quick ratio of 0.44 and a current ratio of 0.50. The stock has a market capitalization of £56.50 million, a price-to-earnings ratio of 10.00 and a beta of 1.95.
About Caspian Sunrise
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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