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Capricorn Energy PLC Announces Director-Linked Share Acquisition

Story Highlights
  • Capricorn Energy PLC announced a share acquisition by Palliser Capital, linked to a director.
  • The transaction involved 233,129 shares, suggesting confidence in Capricorn’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Capricorn Energy PLC ( (GB:CNE) ) has issued an update.

Capricorn Energy PLC announced a transaction involving the acquisition of shares by Palliser Capital (UK) Ltd, a person closely associated with Sachin Mistry, a Non-Executive Director of the company. This transaction, which took place on April 25, 2025, involved the purchase of 233,129 ordinary shares at a price of £2.0836 each. The acquisition of shares by a closely associated entity of a company director may indicate confidence in the company’s future performance and could impact stakeholder perceptions positively.

Spark’s Take on GB:CNE Stock

According to Spark, TipRanks’ AI Analyst, GB:CNE is a Neutral.

Capricorn Energy PLC’s stock score reflects mixed financial performance, with key challenges in profitability and revenue stability. Bearish technical indicators further weigh on the score, while positive corporate events offer some optimism. The negative P/E ratio and lack of dividend yield limit its valuation attractiveness.

To see Spark’s full report on GB:CNE stock, click here.

More about Capricorn Energy PLC

Capricorn Energy PLC operates in the energy sector, focusing on the exploration and production of oil and gas. The company is engaged in developing energy resources and has a market focus on expanding its energy portfolio.

YTD Price Performance: -26.11%

Average Trading Volume: 65,065

Technical Sentiment Signal: Hold

Current Market Cap: £151.2M

See more insights into CNE stock on TipRanks’ Stock Analysis page.

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