IGas Energy (LON:IGAS) Hits New 12-Month High at $37.50

IGas Energy plc (LON:IGAS)’s stock price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as GBX 37.50 ($0.49) and last traded at GBX 28.80 ($0.38), with a volume of 13495138 shares traded. The stock had previously closed at GBX 19 ($0.25).

The company has a debt-to-equity ratio of 28.93, a current ratio of 1.05 and a quick ratio of 0.75. The firm has a market capitalization of £36.11 million and a PE ratio of -0.44. The firm has a 50-day simple moving average of GBX 15.68 and a 200-day simple moving average of GBX 19.68.

In related news, insider Stephen Bowler acquired 2,686 shares of the stock in a transaction dated Tuesday, July 27th. The shares were purchased at an average cost of GBX 17 ($0.22) per share, with a total value of £456.62 ($596.58).

IGas Energy Company Profile (LON:IGAS)

IGas Energy plc operates as an oil and gas exploration and production company Britain. The company holds interests in the 55 licenses at onshore locations in the Weald Basin in the southern England; the Gainsborough Trough in the East Midlands; the Bowland Basin in the North West of England; and the Inner Moray Firth in Scotland.

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