Ithaca Energy plc (LON:ITH - Get Free Report) traded up 9.3% during trading on Thursday . The stock traded as high as GBX 148.78 ($1.89) and last traded at GBX 143.40 ($1.82). 2,867,246 shares were traded 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 ($1.66).
Ithaca Energy Price Performance
The company has a market capitalization of £2.99 billion and a price-to-earnings ratio of 16.38. The firm's 50-day simple moving average is GBX 123.77 and its two-hundred day simple moving average is GBX 115.29.
Ithaca Energy Company Profile
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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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