Seplat Energy (LON:SEPL) Share Price Crosses Above Fifty Day Moving Average of $148.35

Seplat Energy Plc (LON:SEPL)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 148.35 ($1.86) and traded as high as GBX 160 ($2.01). Seplat Energy shares last traded at GBX 157 ($1.97), with a volume of 81,024 shares changing hands.

Seplat Energy Stock Up 0.3 %

The company has a quick ratio of 1.40, a current ratio of 1.49 and a debt-to-equity ratio of 41.30. The stock has a market capitalization of £926.79 million, a P/E ratio of 5,233.33, a PEG ratio of 0.09 and a beta of 0.48. The company has a fifty day moving average price of GBX 148.35 and a 200-day moving average price of GBX 136.85.

Seplat Energy Cuts Dividend

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

About Seplat Energy

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.