Serica Energy plc (LON:SQZ - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 134.65 ($1.81) and traded as high as GBX 156.60 ($2.11). Serica Energy shares last traded at GBX 153 ($2.06), with a volume of 1,419,376 shares traded.
Wall Street Analyst Weigh In
Separately, Berenberg Bank reiterated a "buy" rating and set a GBX 200 ($2.69) price target on shares of Serica Energy in a research note on Tuesday, February 18th.
Get Our Latest Stock Report on Serica Energy
Serica Energy Trading Up 0.3%
The company has a debt-to-equity ratio of 26.31, a current ratio of 1.69 and a quick ratio of 1.22. The company has a market capitalization of £755.99 million, a price-to-earnings ratio of -105.72, a price-to-earnings-growth ratio of 2.15 and a beta of 0.44. The business's 50 day simple moving average is GBX 132.98 and its 200 day simple moving average is GBX 134.90.
Serica Energy (LON:SQZ - Get Free Report) last posted its quarterly earnings data on Tuesday, April 1st. The company reported GBX 0.24 ($0.00) EPS for the quarter. Serica Energy had a negative net margin of 1.09% and a negative return on equity of 1.09%. Research analysts anticipate that Serica Energy plc will post 30.373444 EPS for the current year.
Serica Energy Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, April 14th. Shareholders of record on Thursday, April 10th were paid a GBX 10 ($0.13) dividend. The ex-dividend date of this dividend was Thursday, April 10th. This is a positive change from Serica Energy's previous dividend of $9.00. This represents a yield of 7.45%. Serica Energy's payout ratio is currently -1,585.15%.
Serica Energy Company Profile
(
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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.
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