Block Energy Plc (LON:BLOE – Get Free Report)’s share price hit a new 52-week high on Wednesday . The company traded as high as GBX 1.58 ($0.02) and last traded at GBX 1.40 ($0.02), with a volume of 7486654 shares. The stock had previously closed at GBX 1.35 ($0.02).
Block Energy Trading Up 8.1 %
The company has a market cap of £10.96 million, a PE ratio of -1.19 and a beta of 0.51. The business has a 50 day simple moving average of GBX 1 and a two-hundred day simple moving average of GBX 0.99. The company has a current ratio of 2.38, a quick ratio of 0.71 and a debt-to-equity ratio of 7.10.
About Block Energy
Block Energy Plc explores for, develops, and produces oil and gas in the Republic of Georgia. The company owns 100% working interests in West Rustavi, Block IX, Block XI, and Norio onshore oil and gas fields; and 90% working interest in Satskhenisi onshore oil field located in Kura basin. The company was formerly known as Goldcrest Resources Plc and changed its name to Block Energy Plc in May 2017.
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