Kistos (LON:KIST) Shares Down 1.2%

Shares of Kistos Holdings Plc (LON:KIST) were down 1.2% during trading on Wednesday . The company traded as low as GBX 160.50 ($2.00) and last traded at GBX 162.50 ($2.02). Approximately 81,149 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 203,581 shares. The stock had previously closed at GBX 164.50 ($2.05).

Wall Street Analyst Weigh In

Separately, Berenberg Bank reduced their price objective on Kistos from GBX 485 ($6.04) to GBX 455 ($5.66) and set a “buy” rating for the company in a research report on Friday, March 1st.

Kistos Stock Performance

The company has a current ratio of 2.09, a quick ratio of 2.33 and a debt-to-equity ratio of 234.20. The stock has a fifty day moving average price of GBX 154.64 and a 200-day moving average price of GBX 171.03. The firm has a market capitalization of £136.72 million, a price-to-earnings ratio of -1,100.00 and a beta of 0.50.

About Kistos

Kistos Holdings Plc, an independent energy company, focuses on development and production opportunities across natural gas basins and energy generation projects in the United Kingdom and the Netherlands. The company's assets include interests in Dutch and the U.K. North Sea, and onshore Netherlands.