Serinus Energy (LON:SENX) Trading Down 6.7%

Serinus Energy plc (LON:SENX) shares were down 6.7% on Wednesday . The stock traded as low as GBX 4 ($0.05) and last traded at GBX 4.20 ($0.06). Approximately 4,606,166 shares changed hands during mid-day trading, an increase of 1,464% from the average daily volume of 294,448 shares. The stock had previously closed at GBX 4.50 ($0.06).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “house stock” rating on shares of Serinus Energy in a report on Monday, August 12th.

Serinus Energy Stock Down 6.7 %

The company has a market cap of £4.71 million, a P/E ratio of -60.00 and a beta of -0.63. The business’s 50 day moving average price is GBX 2.54 and its 200-day moving average price is GBX 2.58. The company has a debt-to-equity ratio of 3.75, a current ratio of 0.72 and a quick ratio of 0.96.

Serinus Energy Company Profile

Serinus Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas properties in Tunisia and Romania. It owns a 100% deemed working interest in the Satu Mare concession covering an area of approximately 729,000 gross acres situated within the Pannonian Basin, Romania.