Lamprell Plc (LON:LAM)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 50 ($0.65) and last traded at GBX 54.60 ($0.71), with a volume of 218841 shares traded. The stock had previously closed at GBX 55.80 ($0.73).
Separately, Numis Securities reaffirmed a “buy” rating on shares of Lamprell in a research report on Thursday, May 16th.
The company has a market capitalization of $186.58 million and a PE ratio of -2.64. The company has a quick ratio of 1.68, a current ratio of 2.39 and a debt-to-equity ratio of 5.03. The stock’s 50-day simple moving average is GBX 59.24.
Lamprell plc, together with its subsidiaries, provides fabrication, engineering, and contracting services to the offshore and onshore oil and gas, and renewable energy industries in the United Arab Emirates and the Kingdom of Saudi Arabia. The company operates in two segments, Fabrication and Engineering, and Services.
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