Seplat Energy (LON:SEPL) Shares Pass Above 50 Day Moving Average – Time to Sell?

Shares of Seplat Energy Plc (LON:SEPL) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of GBX 194.61 ($2.52) and traded as high as GBX 235 ($3.05). Seplat Energy shares last traded at GBX 231 ($3.00), with a volume of 443,055 shares traded.

Seplat Energy Price Performance

The stock has a 50-day simple moving average of GBX 197.51 and a 200 day simple moving average of GBX 187.17. The company has a debt-to-equity ratio of 42.43, a quick ratio of 1.40 and a current ratio of 1.48. The company has a market cap of £1.35 billion, a P/E ratio of 2,081.82, a P/E/G ratio of 0.09 and a beta of 0.45.

Seplat Energy Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Monday, November 11th will be issued a $0.04 dividend. The ex-dividend date of this dividend is Monday, November 11th. This is a boost from Seplat Energy’s previous dividend of $0.03. This represents a dividend yield of 1.2%. Seplat Energy’s dividend payout ratio is presently 8,181.82%.

Seplat Energy Company Profile

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.