Ithaca Energy’s (ITH) “No Recommendation” Rating Reaffirmed at Shore Capital

Shore Capital reaffirmed their no recommendation rating on shares of Ithaca Energy (LON:ITH) in a research report released on Tuesday,London Stock Exchange reports.

Ithaca Energy Stock Performance

Shares of ITH stock opened at GBX 206 on Tuesday. Ithaca Energy has a 52-week low of GBX 94.38 and a 52-week high of GBX 238. The company has a 50-day simple moving average of GBX 177.18 and a two-hundred day simple moving average of GBX 153.42. The company has a market capitalization of £3.39 billion and a price-to-earnings ratio of -2,985.51.

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.