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Seplat Energy (LON:SEPL) Reaches New 12-Month High - Here's Why

Seplat Energy logo with Energy background

Seplat Energy Plc (LON:SEPL - Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 247.50 ($3.33) and last traded at GBX 247.50 ($3.33), with a volume of 150381 shares changing hands. The stock had previously closed at GBX 240 ($3.23).

Seplat Energy Stock Performance

The firm has a market cap of £1.75 billion, a price-to-earnings ratio of 21.77, a price-to-earnings-growth ratio of 0.09 and a beta of 0.45. The stock's 50 day moving average is GBX 208.14 and its 200 day moving average is GBX 196.93. The company has a current ratio of 1.48, a quick ratio of 1.40 and a debt-to-equity ratio of 43.24.

Insider Activity at Seplat Energy

In other Seplat Energy news, insider Babs Omotowa bought 18,000 shares of the firm's stock in a transaction on Friday, March 28th. The shares were purchased at an average price of GBX 177 ($2.38) per share, for a total transaction of £31,860 ($42,845.62). 1.65% of the stock is owned by company insiders.

About Seplat Energy

(Get Free Report)

Seplat Energy is Nigeria's leading indigenous, independent oil and gas producer, producing oil and gas production volumes of 48,152 barrels of oil equivalent per day (boepd) in 9M 2023, including 117 MMscfd (20,083 boepd) of processed natural gas for domestic power generation in 9M 2023. Seplat Energy is focused on powering Nigeria's energy transition.

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