Ithaca Energy plc (LON:ITH - Get Free Report) traded down 0.2% on Wednesday . The stock traded as low as GBX 126.80 ($1.71) and last traded at GBX 128.60 ($1.74). 2,134,132 shares changed hands during mid-day trading, an increase of 10% from the average session volume of 1,944,820 shares. The stock had previously closed at GBX 128.80 ($1.74).
Ithaca Energy Stock Up 3.2%
The company has a 50-day moving average price of GBX 137.28 and a two-hundred day moving average price of GBX 127.13. The company has a market capitalization of £2.79 billion and a PE ratio of 15.30.
Ithaca Energy Announces Dividend
The business also recently disclosed a dividend, which was paid on Monday, April 14th. Investors of record on Thursday, April 10th were issued a dividend of $0.12 per share. The ex-dividend date of this dividend was Thursday, April 10th. This represents a yield of 6.56%. Ithaca Energy's dividend payout ratio (DPR) is 319.76%.
Insider Buying and Selling
In related news, insider Iain Clifford Scobbie Lewis sold 114,274 shares of the stock in a transaction on Friday, March 28th. The stock was sold at an average price of GBX 162 ($2.19), for a total value of £185,123.88 ($250,167.41). 89.60% of the stock is currently owned by insiders.
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.
Further Reading
Before you consider Ithaca Energy, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ithaca Energy wasn't on the list.
While Ithaca Energy currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
