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Seplat Energy (LON:SEPL) Share Price Crosses Above 50-Day Moving Average - Time to Sell?

Seplat Energy logo with Energy background

Seplat Energy Plc (LON:SEPL - Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 211.20 ($2.90) and traded as high as GBX 253.50 ($3.48). Seplat Energy shares last traded at GBX 235 ($3.22), with a volume of 32,805 shares traded.

Seplat Energy Price Performance

The company's fifty day moving average price is GBX 212.96 and its 200 day moving average price is GBX 198.24. The company has a market capitalization of £1.72 billion, a P/E ratio of 21.36, a PEG ratio of 0.09 and a beta of 0.45. The company has a quick ratio of 1.40, a current ratio of 1.48 and a debt-to-equity ratio of 43.24.

Seplat Energy Company Profile

(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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