Ithaca Energy plc (LON:ITH – Get Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 152.40 ($1.97) and last traded at GBX 151.60 ($1.96), with a volume of 1404737 shares traded. The stock had previously closed at GBX 142.20 ($1.84).
Ithaca Energy Price Performance
The stock has a market capitalization of £3.17 billion and a price-to-earnings ratio of 17.38. The company has a 50-day simple moving average of GBX 133.63 and a two-hundred day simple moving average of GBX 116.74.
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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