The stock of Egdon Resources Plc (LON:EDR) is a huge mover today! The stock increased 5.13% or GBX 0.73 on November 18, hitting GBX 14.85. About 16,232 shares traded hands. Egdon Resources Plc (LON:EDR) has risen 82.26% since April 20, 2016 and is uptrending. It has outperformed by 77.83% the S&P500.
The move comes after 7 months negative chart setup for the GBX 37.46M company. It was reported on Nov, 18 by Barchart.com. We have GBX 13.22 PT which if reached, will make LON:EDR worth GBX 4.12M less.
Egdon Resources Plc (LON:EDR) Ratings Coverage
Out of 2 analysts covering Egdon Resources PLC (LON:EDR), 2 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Egdon Resources PLC has been the topic of 17 analyst reports since August 19, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Cantor Fitzgerald on Thursday, August 4. Cantor Fitzgerald maintained Egdon Resources Plc (LON:EDR) on Monday, February 15 with “Buy” rating. VSA Capital maintained the shares of EDR in a report on Wednesday, August 19 with “Buy” rating. The stock of Egdon Resources Plc (LON:EDR) earned “Buy” rating by Cantor Fitzgerald on Monday, November 30. The company was maintained on Monday, January 18 by Cantor Fitzgerald. The firm has “Buy” rating by Cantor Fitzgerald given on Friday, September 4. On Wednesday, November 16 the stock rating was maintained by Cantor Fitzgerald with “Buy”. On Friday, September 4 the stock rating was maintained by VSA Capital with “Buy”. The company was maintained on Monday, February 8 by Cantor Fitzgerald. On Wednesday, October 26 the stock rating was maintained by Cantor Fitzgerald with “Buy”.
More news for Egdon Resources Plc (LON:EDR) were recently published by: Uk.Finance.Yahoo.com, which released: “Egdon Resources plc (EDR.L)” on March 29, 2014. Fool.Co.Uk‘s article titled: “2 Winners From Fracking ‘Green Light’: Egdon Resources Plc And IGAS Energy PLC” and published on July 28, 2014 is yet another important article.
Egdon Resources plc is a United Kingdom firm focused on gas and oil exploration and production business. The company has a market cap of 37.46 million GBP. The Company’s divisions include UK and France. It currently has negative earnings. The Firm is engaged in the exploration and production of conventional gas and oil in the United Kingdom and France, and the exploration for unconventional gas and oil resources in the United Kingdom.
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