Serica Energy plc (OTCMKTS:SQZZF – Get Free Report) shot up 11.1% during mid-day trading on Thursday . The stock traded as high as $2.50 and last traded at $2.50. 2,432 shares were traded during trading, an increase of 16% from the average session volume of 2,089 shares. The stock had previously closed at $2.25.
Serica Energy Price Performance
The firm has a 50-day moving average of $2.08 and a two-hundred day moving average of $2.31.
Serica Energy Company Profile
Serica Energy plc (OTCMKTS:SQZZF) is an independent oil and gas exploration and production company with a primary focus on assets in the United Kingdom Continental Shelf (UKCS) and a strategic interest in the Fortuna FLNG development in Equatorial Guinea. Founded in 2006 and listed on the London Stock Exchange in 2007, Serica has built a portfolio of interests in mature producing fields and growth opportunities. The company’s operating model centers on low-cost, infrastructure-led acquisitions and disciplined operational management.
Serica holds material stakes in several key North Sea assets.
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