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Insider Buying: Ithaca Energy (LON:ITH) Insider Purchases 79 Shares of Stock

Ithaca Energy logo with Energy background

Key Points

  • Iain Clifford Scobbie Lewis, an insider at Ithaca Energy, purchased 79 shares at an average price of GBX 190 per share for a total of £150.10.
  • Ithaca Energy’s current market capitalization stands at £3.10 billion, with a P/E ratio of -1,775.46.
  • Shore Capital has restated a "no recommendation" rating on Ithaca Energy shares as of September 2nd.
  • MarketBeat previews top five stocks to own in November.

Ithaca Energy plc (LON:ITH - Get Free Report) insider Iain Clifford Scobbie Lewis bought 79 shares of Ithaca Energy stock in a transaction that occurred on Friday, September 5th. The shares were acquired at an average price of GBX 190 per share, for a total transaction of £150.10.

Iain Clifford Scobbie Lewis also recently made the following trade(s):

  • On Monday, July 7th, Iain Clifford Scobbie Lewis bought 98 shares of Ithaca Energy stock. The shares were acquired at an average price of GBX 153 per share, for a total transaction of £149.94.

Ithaca Energy Stock Performance

LON ITH traded up GBX 0.62 during trading hours on Friday, hitting GBX 192.62. 1,414,825 shares of the company's stock were exchanged, compared to its average volume of 2,033,227. The business's 50 day moving average is GBX 182.22 and its 200-day moving average is GBX 156.14. Ithaca Energy plc has a 12-month low of GBX 94.38 and a 12-month high of GBX 238. The firm has a market capitalization of £3.17 billion and a P/E ratio of -1,817.18.

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a "no recommendation" rating on shares of Ithaca Energy in a report on Tuesday, September 2nd.

View Our Latest Stock Analysis on ITH

About Ithaca Energy

(Get Free Report)

Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions.

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