Ithaca Energy plc (LON:ITH – Get Free Report)’s share price traded up 1.1% on Wednesday . The stock traded as high as GBX 132.60 ($1.67) and last traded at GBX 131.20 ($1.65). 750,508 shares traded hands during trading, a decline of 54% from the average session volume of 1,643,745 shares. The stock had previously closed at GBX 129.80 ($1.63).
Ithaca Energy Price Performance
The firm has a 50-day simple moving average of GBX 123.06 and a two-hundred day simple moving average of GBX 115.09. The company has a market cap of £2.94 billion and a PE ratio of 16.10.
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.
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