IGAS Energy PLC (LON:IGAS) reached a new 52-week low on Tuesday . The stock traded as low as GBX 50.25 ($0.68) and last traded at GBX 51.75 ($0.70), with a volume of 469,025 shares changing hands. The stock had previously closed at GBX 53.50 ($0.72).
Separately, Canaccord Genuity restated a “buy” rating and set a GBX 200 ($2.70) price target on shares of IGAS Energy PLC in a research report on Thursday, August 24th.
The firm’s market cap is GBX 7.78 million. The company has a 50 day moving average price of GBX 60.80 and a 200-day moving average price of GBX 82.63.
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About IGAS Energy PLC
IGas Energy plc is a United Kingdom-based company engaged in producing oil and gas onshore. The Company is engaged in exploring for, appraising, developing and producing oil and gas. The Company operates through two segments: UK/Europe and Rest of the World. It is an onshore hydrocarbon producer, delivering natural gas and crude oil to the energy market.
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