i3 Energy (LON:I3E) Trading Up 2.5%

i3 Energy Plc (LON:I3E)’s share price rose 2.5% during trading on Thursday . The company traded as high as GBX 9.84 ($0.12) and last traded at GBX 9.60 ($0.12). Approximately 2,353,373 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 2,576,237 shares. The stock had previously closed at GBX 9.37 ($0.12).

i3 Energy Trading Up 2.5 %

The firm has a market capitalization of £115.20 million, a PE ratio of 1,106.00 and a beta of 0.19. The company has a quick ratio of 0.70, a current ratio of 0.73 and a debt-to-equity ratio of 7.23. The company’s 50-day simple moving average is GBX 10.73 and its 200 day simple moving average is GBX 10.24.

i3 Energy Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, May 3rd. Shareholders of record on Thursday, April 11th were paid a GBX 0.26 ($0.00) dividend. The ex-dividend date of this dividend was Thursday, April 11th. This represents a yield of 2.2%.

About i3 Energy

i3 Energy Plc, a holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. The company holds the 13/23c and 13/23d blocks in Liberator field; and 75% interest in the 13/23c-10 well in the Serenity field. Its production asset base consists of approximately 850 net conventional oil, natural gas, and natural gas liquids production wells in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play, Canada.