Seplat Energy (LON:SEPL) Shares Cross Above 50 Day Moving Average of $110.46

Seplat Energy Plc (LON:SEPLGet Rating)’s share price crossed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 110.46 ($1.33) and traded as high as GBX 124.50 ($1.50). Seplat Energy shares last traded at GBX 124.50 ($1.50), with a volume of 28,211 shares trading hands.

Seplat Energy Stock Performance

The company’s fifty day moving average is GBX 110.46 and its 200 day moving average is GBX 108.99. The company has a market capitalization of ¬£722.66 million and a P/E ratio of 655.26. The company has a current ratio of 1.54, a quick ratio of 1.32 and a debt-to-equity ratio of 43.87.

Seplat Energy Company Profile

(Get Rating)

Seplat Energy Plc engages in the oil and gas exploration and production, and gas processing activities in Nigeria. It generates hydrocarbon through seven oil and gas blocks in the Niger Delta region. The company also engages in the renewable energy generation activities. The company was formerly known as Seplat Petroleum Development Company Plc and changed its name to Seplat Energy Plc in May 2021.

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