Energean plc (LON:ENOG) Insider Panagiotis Benos Sells 40,113 Shares

Energean plc (LON:ENOG) insider Panagiotis Benos sold 40,113 shares of the company’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of GBX 1,137 ($14.23), for a total transaction of £456,084.81 ($570,748.10).

Energean Stock Performance

Energean stock opened at GBX 1,153 ($14.43) on Tuesday. The company has a market cap of £2.06 billion, a PE ratio of 14,412.50 and a beta of 0.56. Energean plc has a 12 month low of GBX 958 ($11.99) and a 12 month high of GBX 1,622 ($20.30). The company has a fifty day moving average price of GBX 1,109.31 and a two-hundred day moving average price of GBX 1,157.05. The company has a debt-to-equity ratio of 469.58, a current ratio of 1.01 and a quick ratio of 1.42.

Energean Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, September 29th. Investors of record on Thursday, September 14th will be given a dividend of $0.30 per share. This represents a dividend yield of 2.15%. The ex-dividend date of this dividend is Thursday, September 14th. Energean’s dividend payout ratio is presently 118,750.00%.

Analyst Upgrades and Downgrades

ENOG has been the topic of a number of recent analyst reports. Jefferies Financial Group restated a “hold” rating and issued a GBX 1,215 ($15.20) target price on shares of Energean in a research note on Monday, June 5th. Berenberg Bank cut their price objective on Energean from GBX 1,585 ($19.83) to GBX 1,530 ($19.15) and set a “buy” rating on the stock in a research note on Monday, May 22nd.

About Energean

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.