Yaniv Friedman Buys 79 Shares of Ithaca Energy (LON:ITH) Stock

Key Points

• Yaniv Friedman, an insider at Ithaca Energy, purchased 79 shares at an average price of GBX 190 per share, totaling £150.10, on September 5th.
• Ithaca Energy's stock is currently trading at GBX 188.20 with a market capitalization of £3.10 billion and has a P/E ratio of -1,775.46.
• Analysts at Shore Capital have reiterated a "no recommendation" rating on Ithaca Energy shares as of September 2nd.

Ithaca Energy plc (LON:ITH - Get Free Report) insider Yaniv Friedman acquired 79 shares of the company's stock in a transaction on Friday, September 5th. The shares were acquired at an average price of GBX 190 per share, for a total transaction of £150.10.

Yaniv Friedman also recently made the following trade(s):

• On Monday, July 7th, Yaniv Friedman bought 98 shares of Ithaca Energy stock. The stock was purchased at an average price of GBX 153 per share, with a total value of £149.94.

Ithaca Energy Stock Up 0.3%

Shares of ITH traded up GBX 0.62 during mid-day trading on Friday, hitting GBX 192.62. The stock had a trading volume of 1,414,825 shares, compared to its average volume of 2,033,227. The company has a market cap of £3.17 billion and a PE ratio of -1,817.18. The company's fifty day simple moving average is GBX 182.22 and its two-hundred day simple moving average is GBX 156.14. Ithaca Energy plc has a fifty-two week low of GBX 94.38 and a fifty-two week high of GBX 238.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "no recommendation" rating on shares of Ithaca Energy in a research report on Tuesday, September 2nd.

Ithaca Energy Company Profile

Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions.