Key Points
- Energean insider Efstathios Topouzoglou bought 50,000 shares on June 19 at an average price of GBX 681 per share, for a total transaction value of £340,500.
- The stock was trading higher by 1.0%, opening at GBX 724.50, but it remains well below its 52-week high of GBX 1,042.
- Analyst sentiment is mixed, with one Buy, one Hold, and one Sell rating; the consensus rating is Hold with a target price of GBX 798.33.
Energean plc (LON:ENOG - Get Free Report) insider Efstathios Topouzoglou purchased 50,000 shares of the stock in a transaction on Friday, June 19th. The shares were purchased at an average price of GBX 681 per share, with a total value of £340,500.
Energean Trading Up 1.0%
Shares of LON:ENOG opened at GBX 724.50 on Wednesday. Energean plc has a 52 week low of GBX 674.50 and a 52 week high of GBX 1,042. The company's 50 day moving average is GBX 809.39 and its two-hundred day moving average is GBX 855.15. The company has a market cap of £1.34 billion, a PE ratio of -4.51 and a beta of 0.23. The company has a current ratio of 0.79, a quick ratio of 1.42 and a debt-to-equity ratio of 2,560.13.
Wall Street Analyst Weigh In
Several research firms recently commented on ENOG. Berenberg Bank reissued a "hold" rating and issued a GBX 765 target price on shares of Energean in a report on Wednesday, May 20th. Stifel Nicolaus reaffirmed a "buy" rating and set a GBX 950 price target on shares of Energean in a report on Wednesday, May 20th. Finally, Jefferies Financial Group reaffirmed an "underperform" rating and set a GBX 680 price objective on shares of Energean in a research report on Thursday, May 21st. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of GBX 798.33.
View Our Latest Stock Analysis on ENOG
About Energean
(
Get Free Report)
Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license. The company was formerly known as Energean Oil & Gas plc and changed its name to Energean plc in May 2020. Energean plc was founded in 2007 and is based in London, the United Kingdom.
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