Serica Energy plc (LON:SQZ - Get Free Report)'s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 252.15 and traded as high as GBX 265.20. Serica Energy shares last traded at GBX 255, with a volume of 9,978,234 shares changing hands.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on SQZ shares. Berenberg Bank restated a "buy" rating and set a GBX 365 target price on shares of Serica Energy in a report on Thursday, August 6th. Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 340 price target on shares of Serica Energy in a research note on Monday, July 27th. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 310 price target on shares of Serica Energy in a research note on Tuesday, June 2nd. Seven research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Serica Energy presently has an average rating of "Buy" and an average target price of GBX 282.29.
Check Out Our Latest Stock Report on Serica Energy
Serica Energy Trading Down 0.2%
The business has a 50-day simple moving average of GBX 236.94 and a two-hundred day simple moving average of GBX 252.15. The stock has a market cap of £995.92 million, a price-to-earnings ratio of -19.62, a P/E/G ratio of 2.15 and a beta of 0.05. The company has a debt-to-equity ratio of 47.47, a current ratio of 1.42 and a quick ratio of 1.22.
Serica Energy (LON:SQZ - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported GBX 2 earnings per share (EPS) for the quarter. Serica Energy had a negative return on equity of 0.62% and a negative net margin of 0.27%. Equities analysts forecast that Serica Energy plc will post 30.373444 EPS for the current fiscal year.
Serica Energy Company Profile
(
Get Free Report)
Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company holds 100% interest in the Keith oil field; 98% interest in the Bruce field; and 50% interest in the Rhum gas field located in the Northern North Sea, as well as 18% non-operating interest in the Erskine field located in Central North Sea. It also has 50% interest in the Columbus development; and 20% interest in the Skerryvore and Ruvaal prospects located in Central North Sea, as well as 100% interest in the North and South Eigg exploration prospects located in the Northern North Sea.
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