Ithaca Energy plc (LON:ITH) Insider Iain Clifford Scobbie Lewis Sells 114,274 Shares

Ithaca Energy plc (LON:ITH) insider Iain Clifford Scobbie Lewis sold 114,274 shares of the stock in a transaction on Friday, March 28th. The stock was sold at an average price of GBX 162 ($2.09), for a total transaction of £185,123.88 ($239,363.69).

Iain Clifford Scobbie Lewis also recently made the following trade(s):

• On Monday, January 6th, Iain Clifford Scobbie Lewis purchased 121 shares of Ithaca Energy stock. The shares were purchased at an average cost of GBX 124 ($1.60) per share, with a total value of £150.04 ($194.00).

Ithaca Energy Stock Performance

ITH traded down GBX 5.34 ($0.07) during trading on Monday, reaching GBX 158.26 ($2.05). 1,102,171 shares of the stock were exchanged, compared to its average volume of 1,793,246. The stock’s 50 day moving average price is GBX 134.80 and its two-hundred day moving average price is GBX 117.91. The stock has a market cap of £3.30 billion and a P/E ratio of 18.07. Ithaca Energy plc has a twelve month low of GBX 94.38 ($1.22) and a twelve month high of GBX 165.40 ($2.14).

Ithaca Energy Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, April 14th. Investors of record on Thursday, April 10th will be issued a dividend of $0.12 per share. This represents a dividend yield of 6.56%. The ex-dividend date is Thursday, April 10th. Ithaca Energy’s payout ratio is presently 319.76%.

About Ithaca Energy

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.