Ithaca Energy plc (LON:ITH – Get Free Report)’s share price was up 12.3% on Thursday . The stock traded as high as GBX 147.60 ($1.86) and last traded at GBX 147.40 ($1.85). Approximately 8,698,108 shares changed hands during mid-day trading, an increase of 373% from the average daily volume of 1,839,700 shares. The stock had previously closed at GBX 131.20 ($1.65).
Ithaca Energy Stock Up 12.2 %
The firm’s 50-day simple moving average is GBX 123.06 and its 200-day simple moving average is GBX 115.09. The firm has a market capitalization of £3.07 billion and a PE ratio of 16.81.
Ithaca Energy Company Profile
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.
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