Shore Capital reissued their not rated rating on shares of Ithaca Energy (LON:ITH - Free Report) in a research note issued to investors on Wednesday morning, Marketbeat Ratings reports.
Ithaca Energy Trading Up 3.3%
ITH traded up GBX 7 during midday trading on Wednesday, reaching GBX 221. The company's stock had a trading volume of 1,980,008 shares, compared to its average volume of 1,579,280. The stock has a market cap of £4.61 billion and a P/E ratio of 25.24. The company has a fifty day simple moving average of GBX 169.82 and a 200 day simple moving average of GBX 149.04. Ithaca Energy has a twelve month low of GBX 94.38 and a twelve month high of GBX 221.
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.
