Caspian Sunrise (LON:CASP) Trading Up 9.5%

Caspian Sunrise PLC (LON:CASP)’s share price was up 9.5% on Wednesday . The stock traded as high as GBX 11.20 ($0.15) and last traded at GBX 11 ($0.14), approximately 2,885,687 shares were traded during trading. The stock had previously closed at GBX 10.05 ($0.13).

The firm’s 50 day moving average is GBX 10.67. The company has a current ratio of 0.08, a quick ratio of 0.07 and a debt-to-equity ratio of 7.14. The company has a market capitalization of $194.29 million and a PE ratio of -21.30.

About Caspian Sunrise (LON:CASP)

Caspian Sunrise plc engages in the exploration and production of crude oil in Central Asia. The company has a 99% interest in its principal asset, the BNG Contract Area, which covers an area of 1,702 square kilometers located in the Mangistau Oblast in the west of Kazakhstan. The company was formerly known as Roxi Petroleum Plc and changed its name to Caspian Sunrise plc in March 2017.

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