Seplat Energy (LON:SEPL) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Seplat Energy Plc (LON:SEPLGet Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 199.42 ($2.51) and traded as high as GBX 202 ($2.54). Seplat Energy shares last traded at GBX 202 ($2.54), with a volume of 61,663 shares traded.

Seplat Energy Trading Up 0.5 %

The company has a 50 day simple moving average of GBX 199.42 and a two-hundred day simple moving average of GBX 200.84. The company has a debt-to-equity ratio of 43.24, a quick ratio of 1.40 and a current ratio of 1.48. The firm has a market cap of £1.47 billion, a PE ratio of 18.32, a P/E/G ratio of 0.09 and a beta of 0.45.

Insider Activity at Seplat Energy

In related news, insider Udoma Udo Udoma acquired 10,000 shares of Seplat Energy stock in a transaction on Thursday, December 19th. The stock was acquired at an average price of GBX 200 ($2.52) per share, for a total transaction of £20,000 ($25,166.73). 1.65% of the stock is owned by insiders.

About Seplat Energy

(Get Free Report)

Seplat Energy is Nigeria’s leading indigenous, independent oil and gas producer, producing oil and gas production volumes of 48,152 barrels of oil equivalent per day (boepd) in 9M 2023, including 117 MMscfd (20,083 boepd) of processed natural gas for domestic power generation in 9M 2023.

Seplat Energy is focused on powering Nigeria’s energy transition.

Further Reading

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