Ophir Energy (LON:OPHR) Stock Price Up 1.6% – Here’s Why

by · The Cerbat Gem

Ophir Energy Plc (LON:OPHR – Get Free Report)’s stock price traded up 1.6% during mid-day trading on Monday . The stock traded as high as GBX 57.50 ($0.73) and last traded at GBX 57.50 ($0.73). 3,227,394 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 8,088,823 shares. The stock had previously closed at GBX 56.60 ($0.72).

Ophir Energy Stock Performance

The company has a market cap of £407.41 million and a P/E ratio of -0.52. The company has a 50 day moving average price of GBX 57.50 and a 200-day moving average price of GBX 57.50. The company has a quick ratio of 1.41, a current ratio of 1.59 and a debt-to-equity ratio of 50.65.

About Ophir Energy

(Get Free Report)

Ophir Energy plc engages in the exploration, development, and production of upstream oil and gas properties in Asia and Africa. The company develops offshore and deep-water oil and gas exploration assets. It has 1 billion barrel of oil equivalent of reserves and resources. Ophir Energy plc was founded in 2004 and is headquartered in London, the United Kingdom.

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