Angus Energy (LON:ANGS) Trading Up 6.3% – Still a Buy?

Angus Energy plc (LON:ANGS) shares shot up 6.3% on Wednesday . The stock traded as high as GBX 0.32 ($0.00) and last traded at GBX 0.32 ($0.00). 252,719 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 8,203,526 shares. The stock had previously closed at GBX 0.30 ($0.00).

Angus Energy Stock Performance

The stock’s 50 day simple moving average is GBX 0.32 and its two-hundred day simple moving average is GBX 0.29. The company has a market capitalization of £14.10 million, a P/E ratio of 8.33 and a beta of 0.19. The company has a debt-to-equity ratio of 45.51, a current ratio of 0.58 and a quick ratio of 0.59.

About Angus Energy

Angus Energy plc operates as a independent onshore oil and gas company in the United Kingdom. It engages in the extraction and distribution of oil and gas to third parties. The company owns 100% interest in the Saltfleetby Gas Field comprising one license covering an area of 91.8 square kilometers located Lincolnshire; and 25% interest in the Balcombe Field consisting of one license, which covers an area of 154 square kilometers located in Weald Basin, the United Kingdom.