Deltic Energy (LON:DELT) Stock Price Down 3.4%

Deltic Energy Plc (LON:DELT)’s stock price dropped 3.4% during trading on Tuesday . The stock traded as low as GBX 7 ($0.09) and last traded at GBX 7 ($0.09). Approximately 256,999 shares changed hands during trading, a decline of 36% from the average daily volume of 404,581 shares. The stock had previously closed at GBX 7.25 ($0.09).

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “speculative buy” rating and set a GBX 110 ($1.39) price target on shares of Deltic Energy in a research report on Monday, June 3rd.

Deltic Energy Stock Up 0.3 %

The company has a quick ratio of 30.42, a current ratio of 3.52 and a debt-to-equity ratio of 0.62. The company’s fifty day moving average is GBX 14.13 and its 200-day moving average is GBX 24.52. The company has a market cap of £6.77 million, a PE ratio of -235.17 and a beta of 1.53.

Deltic Energy Company Profile

Deltic Energy Plc, a natural resources investing company, engages in the exploration, evaluation, and development of oil and gas licenses. It holds licenses in the Southern and Central North Sea. The company was formerly known as Cluff Natural Resources Plc and changed its name to Deltic Energy Plc in June 2020.