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Andalas Energy Power PLC (LON:ADL) target price held steady at 0.50GBX, reported today by Cantor Fitzgerald

Andalas Energy Power PLC (LON:ADL) had its target price hold steady to 0.50GBX by Cantor Fitzgerald in a report released 05/23/2017. The new target price indicates a possible upside of 4% based on the company's last stock close price.

Previously on Wednesday May 03, 2017, Cantor Fitzgerald reported about Andalas Energy Power PLC (LON:ADL) held steady the target price at 0.50GBX. At the time, this indicated a possible upside of 3.55%.

Yesterday Andalas Energy Power PLC (LON:ADL) traded -6.74% lower at 0.10GBX. The company’s 50-day moving average is 0.05GBX and its 200-day moving average is 0.07GBX. The last stock close price is up -45.32% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 104,376,489 shares of the stock were exchanged, up from an average trading volume of 77,933,104

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Andalas Energy Power PLC (LON:ADL)

Andalas Energy Power PLC has a 52 week low of 0.04GBX and a 52 week high of 0.16GBX The company’s market cap is currently 0 GBX.

About Andalas Energy Power PLC (LON:ADL)

Andalas Energy and Power Plc, formerly CEB Resources plc, is an upstream oil and gas and power company. The Company operates as an energy company focused on power generation, and exploration and production activities in Indonesia. The Company's operations include gas to power operations and Tuba Obi East (TOE) operations. The Company's Tuba Obi East oil and gas concession area is located in the Jambi province in Sumatra, Indonesia, approximately 40 kilometers north-west of Jambi city. The concession covers an area of approximately 50 square kilometers in the South Sumatra basin and is close to the Sumatra gas pipeline to Duri and Singapore. The Company holds interest in the Peelwood Project, which consists of six exploration licenses located in the Lachlan Ford Belt of eastern New South Wales, Australia. Its subsidiaries include Corvette Energy (Singapore) Pte Ltd and Peelwood Pty Ltd.

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