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

Seplat Energy logo with Energy background

Shares of Seplat Energy Plc (LON:SEPL - Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 215.97 ($2.95) and traded as high as GBX 229.50 ($3.13). Seplat Energy shares last traded at GBX 223.50 ($3.05), with a volume of 58,125 shares changing hands.

Seplat Energy Price Performance

The stock has a market capitalization of £1.63 billion, a P/E ratio of 20.27, a PEG ratio of 0.09 and a beta of 0.45. The company has a 50 day moving average of GBX 215.97 and a 200-day moving average of GBX 199.13. 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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