Could Andes Energia PLC See a Reversal After This Very Weak Session?

 Could Andes Energia PLC See a Reversal After This Very Weak Session?

The stock of Andes Energia PLC (LON:AEN) is a huge mover today! The stock decreased 1.96% or GBX 0.5 on November 22, hitting GBX 25. About 105,281 shares traded hands. Andes Energia PLC (LON:AEN) has risen 45.71% since April 22, 2016 and is uptrending. It has outperformed by 41.16% the S&P500.
The move comes after 9 months negative chart setup for the GBX 155.70M company. It was reported on Nov, 22 by Barchart.com. We have GBX 24.25 PT which if reached, will make LON:AEN worth GBX 4.67 million less.

Another recent and important Andes Energia PLC (LON:AEN) news was published by Bloomberg.com which published an article titled: “Argentina Oil’s Bonanza Helping Too Few Led by Political Friends” on March 06, 2014.

Andes Energia plc is a United Kingdom gas and oil production, appraisal and exploration firm with interests in Argentina, Colombia and Paraguay. The company has a market cap of 155.70 million GBP. The Firm is focused on onshore blocks in South America. It currently has negative earnings. The Company’s geographic divisions are Colombia and Argentina.

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