Ithaca Energy plc (LON:ITH – Get Free Report)’s stock price rose 12.3% during trading on Thursday . The company traded as high as GBX 147.60 ($1.86) and last traded at GBX 147.40 ($1.86). Approximately 8,698,108 shares were traded during mid-day trading, an increase of 373% from the average daily volume of 1,839,700 shares. The stock had previously closed at GBX 131.20 ($1.66).
Ithaca Energy Stock Down 2.2 %
The company has a market cap of £2.92 billion and a PE ratio of 16.01. The stock has a 50-day simple moving average of GBX 124.41 and a 200 day simple moving average of GBX 115.46.
About Ithaca Energy
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.
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