Serica Energy (LON:SQZ) Trading 5% Higher – Here’s What Happened

Shares of Serica Energy plc (LON:SQZ) traded up 5% on Monday . The stock traded as high as GBX 131.60 ($1.68) and last traded at GBX 130.30 ($1.66). 1,562,458 shares changed hands during mid-day trading, a decline of 8% from the average session volume of 1,706,381 shares. The stock had previously closed at GBX 124.10 ($1.58).

Serica Energy Trading Up 1.9 %

The company has a quick ratio of 1.22, a current ratio of 1.69 and a debt-to-equity ratio of 26.31. The company has a fifty day moving average of GBX 135.37 and a two-hundred day moving average of GBX 138.54. The stock has a market capitalization of £513.03 million, a price-to-earnings ratio of 691.58, a P/E/G ratio of 2.15 and a beta of 0.44.

About Serica Energy

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.