Angus Energy (LON:ANGS) Shares Up 13.3% – Still a Buy?

Shares of Angus Energy plc (LON:ANGS) were up 13.3% during mid-day trading on Friday . The stock traded as high as GBX 0.31 ($0.00) and last traded at GBX 0.31 ($0.00). Approximately 1,535,885 shares traded hands during trading, a decline of 86% from the average daily volume of 10,829,008 shares. The stock had previously closed at GBX 0.27 ($0.00).

Angus Energy Price Performance

The company has a debt-to-equity ratio of 45.51, a current ratio of 0.58 and a quick ratio of 0.59. The firm has a market cap of £14.79 million, a price-to-earnings ratio of 1.62 and a beta of 0.19. The stock has a 50-day moving average price of GBX 0.29 and a 200 day moving average price of GBX 0.29.

Angus Energy (LON:ANGS) last released its quarterly earnings results on Friday, March 7th. The company reported GBX (0.10) ($0.00) earnings per share (EPS) for the quarter. Angus Energy had a return on equity of 19.55% and a net margin of 34.71%.

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.