Serica Energy (LON:SQZ) Trading 5% Higher – Here’s What Happened

Serica Energy plc (LON:SQZGet Free Report)’s share price rose 5% during trading on Monday . The company traded as high as GBX 131.60 ($1.68) and last traded at GBX 130.30 ($1.66). Approximately 1,562,458 shares changed hands during trading, a decline of 8% from the average daily volume of 1,706,381 shares. The stock had previously closed at GBX 124.10 ($1.58).

Serica Energy Trading Up 1.9 %

The business has a 50-day moving average of GBX 135.37 and a 200 day moving average of GBX 138.54. The company has a debt-to-equity ratio of 26.31, a quick ratio of 1.22 and a current ratio of 1.69. The stock has a market cap of £513.03 million, a PE ratio of 691.58, a PEG ratio of 2.15 and a beta of 0.44.

About Serica Energy

(Get Free Report)

Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company holds 100% interest in the Keith oil field; 98% interest in the Bruce field; and 50% interest in the Rhum gas field located in the Northern North Sea, as well as 18% non-operating interest in the Erskine field located in Central North Sea.

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