Angus Energy (LON:ANGS) Shares Down 7% – Here’s Why

Angus Energy plc (LON:ANGS)’s stock price was down 7% on Monday . The stock traded as low as GBX 0.30 ($0.00) and last traded at GBX 0.31 ($0.00). Approximately 848,865 shares changed hands during mid-day trading, a decline of 7% from the average daily volume of 914,849 shares. The stock had previously closed at GBX 0.33 ($0.00).

Angus Energy Stock Performance

The company has a market cap of £12.82 million, a price-to-earnings ratio of 8.33 and a beta of 0.19. 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 stock has a 50-day moving average price of GBX 0.32 and a 200 day moving average price of GBX 0.29.

Angus Energy Company Profile

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.