Seplat Energy (LON:SEPL) Share Price Crosses Above 50-Day Moving Average of $160.26

Seplat Energy Plc (LON:SEPLGet Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 160.26 ($2.05) and traded as high as GBX 202 ($2.59). Seplat Energy shares last traded at GBX 194 ($2.49), with a volume of 230,328 shares changing hands.

Seplat Energy Stock Performance

The company has a market cap of £1.16 billion, a P/E ratio of 6,583.33, a price-to-earnings-growth ratio of 0.09 and a beta of 0.45. The company’s 50-day moving average is GBX 162.39 and its two-hundred day moving average is GBX 144.59. The company has a quick ratio of 1.40, a current ratio of 1.49 and a debt-to-equity ratio of 41.30.

Seplat Energy Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, June 14th. Investors of record on Thursday, May 30th will be given a dividend of $0.03 per share. The ex-dividend date is Thursday, May 30th. This represents a yield of 1.44%. Seplat Energy’s payout ratio is currently 33,333.33%.

Seplat Energy Company Profile

(Get Free Report)

Seplat Energy Plc engages in the oil and gas exploration and production, and gas processing activities in Nigeria, the Bahamas, Italy, Switzerland, Barbados, and England. It operates through two segments, Oil and Gas. The Oil segment explores, develops, and produces crude oil. Its Gas segment produces and processes gas.

Further Reading

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