Ithaca Energy (LON:ITH) Sets New 1-Year Low at $114.20

Ithaca Energy plc (LON:ITH) shares hit a new 52-week low on Thursday . The company traded as low as GBX 114.20 ($1.43) and last traded at GBX 114.80 ($1.44), with a volume of 225624 shares. The stock had previously closed at GBX 118.40 ($1.49).

Ithaca Energy Stock Performance

The stock has a 50 day moving average of GBX 129.21 and a two-hundred day moving average of GBX 141.66. The stock has a market cap of £1.17 billion and a PE ratio of 682.35.

Ithaca Energy Dividend Announcement

The business also recently declared a dividend, which was paid on Wednesday, April 17th. Investors of record on Thursday, March 28th were paid a $0.13 dividend. The ex-dividend date was Thursday, March 28th. This represents a yield of 7.43%. Ithaca Energy’s dividend payout ratio is currently 12,352.94%.

Ithaca Energy Company Profile

Ithaca Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the North Sea. The company own a portfolio of assets located in Northern and Central North Sea, Moray Firth, and West of Shetland area of the UKCS. Ithaca Energy plc was formerly known as Delek North Sea Limited and changed its name to Ithaca Energy plc in October 2022.