SOCO International (LON:SIA)‘s stock had its “buy” rating restated by investment analysts at Peel Hunt in a research report issued to clients and investors on Wednesday, April 3rd, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts also recently weighed in on the company. Jefferies Financial Group downgraded SOCO International to a “hold” rating and lowered their price target for the company from GBX 95 ($1.24) to GBX 74 ($0.97) in a report on Tuesday, January 15th. JPMorgan Chase & Co. restated a “neutral” rating on shares of SOCO International in a research note on Thursday, January 10th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. SOCO International has an average rating of “Hold” and an average target price of GBX 113.20 ($1.48).
Shares of LON SIA traded down GBX 0.40 ($0.01) during trading on Wednesday, reaching GBX 74.80 ($0.98). The stock had a trading volume of 289,334 shares, compared to its average volume of 256,776. SOCO International has a one year low of GBX 65.50 ($0.86) and a one year high of GBX 125 ($1.63). The company has a current ratio of 9.41, a quick ratio of 9.22 and a debt-to-equity ratio of 19.09. The company has a market capitalization of $295.18 million and a price-to-earnings ratio of 9.23.
SOCO International Company Profile
SOCO International plc engages in the exploration, development, and production of oil and gas properties. It has exploration, development, and production interests in Vietnam; and exploration and appraisal interests in Congo (Brazzaville) and Angola. The company was founded in 1997 and is headquartered in London, the United Kingdom.
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