Seplat Energy (LON:SEPL) Stock Price Crosses Above 50-Day Moving Average of $179.08

Shares of Seplat Energy Plc (LON:SEPL) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 179.08 ($2.27) and traded as high as GBX 202 ($2.56). Seplat Energy shares last traded at GBX 201 ($2.54), with a volume of 85,432 shares traded.

Seplat Energy Stock Up 0.5 %

The firm’s fifty day simple moving average is GBX 179.08 and its two-hundred day simple moving average is GBX 153.20. The company has a current ratio of 1.49, a quick ratio of 1.40 and a debt-to-equity ratio of 41.30. The company has a market capitalization of £1.19 billion, a price-to-earnings ratio of 6,700.00, a price-to-earnings-growth ratio of 0.09 and a beta of 0.45.

Seplat Energy Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 14th. Investors of record on Thursday, May 30th were issued a $0.03 dividend. This represents a yield of 1.44%. The ex-dividend date of this dividend was Thursday, May 30th. Seplat Energy’s dividend payout ratio is presently 33,333.33%.

About Seplat Energy

Seplat Energy Plc engages in the oil and gas exploration and production, and gas processing activities in Nigeria, the Bahamas, Italy, Switzerland, Barbados, and England. It operates through two segments, Oil and Gas. The Oil segment explores, develops, and produces crude oil. Its Gas segment produces and processes gas.