Columbus Energy Resources PLC (LON:CERP) fell 8.4% during trading on Wednesday . The company traded as low as GBX 3.35 ($0.04) and last traded at GBX 3.48 ($0.05). 13,441,879 shares were traded during mid-day trading, an increase of 686% from the average session volume of 1,710,000 shares. The stock had previously closed at GBX 3.80 ($0.05).
Separately, VSA Capital reiterated a “buy” rating on shares of Columbus Energy Resources in a research report on Wednesday, January 9th.
The company has a market capitalization of $28.92 million and a PE ratio of -3.87. The company has a debt-to-equity ratio of 3.82, a current ratio of 1.22 and a quick ratio of 1.14.
COPYRIGHT VIOLATION NOTICE: This piece was published by Fairfield Current and is the sole property of of Fairfield Current. If you are viewing this piece on another domain, it was illegally copied and reposted in violation of United States & international copyright law. The legal version of this piece can be accessed at https://www.fairfieldcurrent.com/news/2019/04/17/columbus-energy-resources-cerp-stock-price-down-8-4.html.
About Columbus Energy Resources (LON:CERP)
Columbus Energy Resources plc engages in the exploration, development, and production of oil and gas in Trinidad and Tobago, Spain, Cyprus, St Lucia, the United States, and the United Kingdom. It primarily holds a 100% interest in the Goudron Oilfield located in south-eastern Trinidad. The company was formerly known as LGO Energy plc and changed its name to Columbus Energy Resources plc in June 2017.
Recommended Story: How to interpret Moving Average Convergence Divergence (MACD)
Receive News & Ratings for Columbus Energy Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Columbus Energy Resources and related companies with MarketBeat.com's FREE daily email newsletter.