Shares of Ithaca Energy plc (LON:ITH – Get Free Report) reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 115.60 ($1.44) and last traded at GBX 115.99 ($1.44), with a volume of 142019 shares. The stock had previously closed at GBX 118.60 ($1.48).
Ithaca Energy Price Performance
The stock has a market cap of £1.18 billion and a P/E ratio of 697.65. The business’s fifty day moving average price is GBX 133.27 and its 200 day moving average price is GBX 146.20.
Ithaca Energy Announces Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, April 17th. Investors of record on Thursday, March 28th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Thursday, March 28th. This represents a yield of 7.43%. Ithaca Energy’s dividend payout ratio (DPR) is presently 12,352.94%.
Ithaca Energy Company Profile
Ithaca Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the North Sea. The company own a portfolio of assets located in Northern and Central North Sea, Moray Firth, and West of Shetland area of the UKCS. Ithaca Energy plc was formerly known as Delek North Sea Limited and changed its name to Ithaca Energy plc in October 2022.
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