Seplat Energy (LON:SEPL) Stock Price Crosses Above 50-Day Moving Average – Time to Sell?

Seplat Energy Plc (LON:SEPLGet Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 200.54 ($2.49) and traded as high as GBX 203 ($2.52). Seplat Energy shares last traded at GBX 202 ($2.51), with a volume of 99,167 shares.

Seplat Energy Stock Down 0.5 %

The company has a debt-to-equity ratio of 42.43, a current ratio of 1.48 and a quick ratio of 1.40. The business’s 50 day moving average price is GBX 200.54 and its 200-day moving average price is GBX 200.34. The company has a market cap of £1.19 billion, a P/E ratio of 1,836.36, a PEG ratio of 0.09 and a beta of 0.45.

Insider Activity

In other news, insider Udoma Udo Udoma bought 10,000 shares of the company’s stock in a transaction dated Thursday, December 19th. The shares were bought at an average cost of GBX 200 ($2.48) per share, with a total value of £20,000 ($24,810.82). 1.65% of the stock is currently owned by insiders.

About Seplat Energy

(Get Free Report)

Seplat Energy is Nigeria’s leading indigenous, independent oil and gas producer, producing oil and gas production volumes of 48,152 barrels of oil equivalent per day (boepd) in 9M 2023, including 117 MMscfd (20,083 boepd) of processed natural gas for domestic power generation in 9M 2023.

Seplat Energy is focused on powering Nigeria’s energy transition.

Featured Stories

Receive News & Ratings for Seplat Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seplat Energy and related companies with MarketBeat.com's FREE daily email newsletter.