Kistos (LON:KIST) Stock Price Down 3.5% – What’s Next?

Kistos Holdings Plc (LON:KIST)’s share price traded down 3.5% during trading on Wednesday . The company traded as low as GBX 234.50 and last traded at GBX 246. 305,537 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 326,076 shares. The stock had previously closed at GBX 255.

Analyst Ratings Changes

Separately, Berenberg Bank increased their target price on Kistos from GBX 280 to GBX 285 and gave the company a “buy” rating in a research note on Friday, January 9th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 285.

Kistos Stock Performance

The firm’s 50 day moving average price is GBX 245.16 and its 200-day moving average price is GBX 196.40. The firm has a market cap of £204.47 million, a price-to-earnings ratio of -4.32 and a beta of 0.45. The company has a debt-to-equity ratio of 822.55, a current ratio of 2.07 and a quick ratio of 2.33.

Insiders Place Their Bets

In other news, insider Andrew Austin sold 13,191 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of GBX 220, for a total transaction of £29,020.20. Also, insider James Thomson sold 1,793 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of GBX 220, for a total transaction of £3,944.60. Insiders have sold 28,625 shares of company stock worth $6,297,500 in the last ninety days. Insiders own 25.19% of the company’s stock.

Kistos Company Profile

Kistos is an independent, integrated energy company with upstream and midstream operations across international markets.

Our operations span the UK, Norway, and the Netherlands. Kistos’ investments across the value chain include upstream operations, both offshore and onshore, and the operation of critical infrastructure to process and store hydrocarbons for ready deployment in the energy market.

Central to our approach is operating with industry-leading sustainability and social responsibility credentials.