Xcite Energy Limited (XEL) Rating Reiterated by Liberum Capital

Xcite Energy Limited (LON:XEL)‘s stock had its “under review” rating reissued by research analysts at Liberum Capital in a research report issued to clients and investors on Wednesday.

Xcite Energy Limited (LON:XEL) opened at 1.20 on Wednesday. The company has a 50-day moving average price of GBX 5.78 and a 200 day moving average price of GBX 10.19. Xcite Energy Limited has a 1-year low of GBX 1.13 and a 1-year high of GBX 29.00. The firm’s market capitalization is GBX 3.72 million.

About Xcite Energy Limited

Xcite Energy Limited (XEL) is a heavy oil development company focused on the development of discovered resources in the North Sea. The Company operates through the segment, which includes the appraisal and development of oil and gas reserves and the geographical segment in which it operates is the North Sea.

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