Ithaca Energy plc (LON:ITH) Insider Acquires £149.85 in Stock

Ithaca Energy plc (LON:ITH) insider Yaniv Friedman acquired 111 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was acquired at an average cost of GBX 135 ($1.74) per share, for a total transaction of £149.85 ($193.63).

Ithaca Energy Trading Up 1.9 %

Ithaca Energy stock opened at GBX 128.40 ($1.66) on Friday. The firm’s fifty day moving average price is GBX 130.75 and its two-hundred day moving average price is GBX 116.19. The firm has a market capitalization of £2.68 billion and a price-to-earnings ratio of 14.66. Ithaca Energy plc has a 1-year low of GBX 94.38 ($1.22) and a 1-year high of GBX 151.80 ($1.96).

Ithaca Energy Company Profile

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.