Ithaca Energy plc (LON:ITH – Get Free Report) shares shot up 9.3% during trading on Thursday . The stock traded as high as GBX 148.78 ($1.87) and last traded at GBX 143.40 ($1.80). 2,867,246 shares traded hands during mid-day trading, an increase of 71% from the average session volume of 1,677,731 shares. The stock had previously closed at GBX 131.20 ($1.65).
Ithaca Energy Stock Performance
The firm has a market capitalization of £2.99 billion and a P/E ratio of 16.38. The firm has a 50-day moving average of GBX 123.06 and a 200-day moving average of GBX 115.09.
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.
Further Reading
- Five stocks we like better than Ithaca Energy
- What is the MACD Indicator and How to Use it in Your Trading
- Ray Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024
- Trading Stocks: RSI and Why it’s Useful
- Walmart Faces Tariff Headwinds, Consumer Trends Remain Positive
- How to Invest in the FAANG Stocks
- Tesla: 2 Reasons to Buy, 1 Reason to Run
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.
