After Today’s Huge Decline, Is Angus Energy PLC’s Near-Term Analysis Negative?

 After Today's Huge Decline, Is Angus Energy PLC's Near Term Analysis Negative?

The stock of Angus Energy PLC (LON:ANGS) is a huge mover today! The stock increased 4.93% or GBX 0.37 on November 28, hitting GBX 7.87. About 1.11 million shares traded hands. Angus Energy PLC (LON:ANGS) has risen 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.
The move comes after 9 months negative chart setup for the GBX 16.92 million company. It was reported on Nov, 28 by Barchart.com. We have GBX 7.32 PT which if reached, will make LON:ANGS worth GBX 1.18M less.

Angus Energy Plc operates a United Kingdom onshore focused gas and oil business with interests in over two producing oil fields in southern England with development and exploration upside. The company has a market cap of 16.92 million GBP. The Company’s assets are all located in the Weald Basin in South East England. It currently has negative earnings. The Firm holds approximately 55% of the Brockham oil field located in Surrey in PL235, and approximately 50% of the Lidsey oil field located in West Sussex in PL241.

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