Ithaca Energy plc (LON:ITH – Get Free Report)’s share price shot up 0.6% during trading on Friday . The company traded as high as GBX 107.80 ($1.44) and last traded at GBX 105.61 ($1.41). 500,708 shares were traded during mid-day trading, a decline of 40% from the average session volume of 830,964 shares. The stock had previously closed at GBX 105 ($1.41).
Ithaca Energy Trading Up 0.6 %
The business’s fifty day moving average price is GBX 119.86 and its 200 day moving average price is GBX 123.04. The firm has a market capitalization of £1.07 billion and a price-to-earnings ratio of 880.04.
Ithaca Energy Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 5th were issued a $0.10 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a dividend yield of 5.76%. Ithaca Energy’s payout ratio is 23,333.33%.
About Ithaca Energy
Ithaca Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the North Sea. The company own a portfolio of assets located in Northern and Central North Sea, Moray Firth, and West of Shetland area of the UKCS. Ithaca Energy plc was formerly known as Delek North Sea Limited and changed its name to Ithaca Energy plc in October 2022.
Featured Articles
- Five stocks we like better than Ithaca Energy
- 5 Top Rated Dividend Stocks to Consider
- Can Costco Stock Hit New Highs as Interest Rates Drop?
- About the Markup Calculator
- These 3 Stocks Show How to Navigate Declining Consumer Confidence
- Insider Buying Explained: What Investors Need to Know
- MicroStrategy’s Returns Are 3X Higher Than Bitcoin: Time to Buy?
Receive News & Ratings for Ithaca Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ithaca Energy and related companies with MarketBeat.com's FREE daily email newsletter.
