Caspian Sunrise (LON:CASP) Sets New 12-Month Low – Here’s What Happened

Caspian Sunrise plc (LON:CASPGet Free Report) reached a new 52-week low on Friday . The stock traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.57 ($0.03), with a volume of 1569994 shares changing hands. The stock had previously closed at GBX 2.65 ($0.03).

Caspian Sunrise Stock Performance

The company has a debt-to-equity ratio of 9.37, a current ratio of 0.50 and a quick ratio of 0.44. The firm has a market cap of £72.41 million, a PE ratio of 6.82 and a beta of 1.95. The business has a 50-day simple moving average of GBX 3.01 and a 200 day simple moving average of GBX 3.13.

About Caspian Sunrise

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Caspian Sunrise plc engages in the exploration and production of oil and gas assets in Central Asia. The company operates through Exploration for and Production of Crude Oil; Onshore Drilling Services; and Offshore Drilling Services segments. It explores for and produces crude oil. The company holds a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,561 square kilometers located in the Mangistau Oblast in the west of Kazakhstan.

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