Ithaca Energy plc (LON:ITH – Get Free Report) traded up 9.3% during trading on Thursday . The stock traded as high as GBX 148.78 ($1.89) and last traded at GBX 143.40 ($1.82). 2,867,246 shares were traded during mid-day trading, an increase of 71% from the average session volume of 1,677,731 shares. The stock had previously closed at GBX 131.20 ($1.66).
Ithaca Energy Price Performance
The company has a market capitalization of £2.99 billion and a price-to-earnings ratio of 16.38. The firm’s 50-day simple moving average is GBX 123.77 and its two-hundred day simple moving average is GBX 115.29.
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.
See Also
- Five stocks we like better than Ithaca Energy
- Consumer Staples Stocks, Explained
- Ray Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024
- Growth Stocks: What They Are, Examples and How to Invest
- Walmart Faces Tariff Headwinds, Consumer Trends Remain Positive
- How to Invest in Small Cap Stocks
- Tesla: 2 Reasons to Buy, 1 Reason to Run
Receive News & Ratings for Ithaca Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ithaca Energy and related companies with MarketBeat.com's FREE daily email newsletter.
