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Energean (LON:ENOG) Stock Price Down 1.4% - Time to Sell?

Energean logo with Energy background

Energean plc (LON:ENOG - Get Free Report) dropped 1.4% during trading on Thursday . The stock traded as low as GBX 932 ($12.10) and last traded at GBX 935.49 ($12.15). Approximately 357,130 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 628,049 shares. The stock had previously closed at GBX 949 ($12.32).

Energean Trading Down 2.3 %

The stock has a market cap of £1.70 billion, a price-to-earnings ratio of 813.47 and a beta of 0.85. The business has a 50-day simple moving average of GBX 918.41 and a two-hundred day simple moving average of GBX 1,014.79. The company has a debt-to-equity ratio of 498.55, a quick ratio of 1.42 and a current ratio of 1.31.

Energean Announces Dividend

The firm also recently announced a dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 19th were issued a dividend of $0.30 per share. This represents a yield of 2.59%. The ex-dividend date was Thursday, September 19th. Energean's payout ratio is 7,826.09%.

Insider Buying and Selling at Energean

In related news, insider Andrew Donald Bartlett bought 5,554 shares of the company's stock in a transaction that occurred on Tuesday, July 30th. The shares were acquired at an average price of GBX 998 ($12.96) per share, for a total transaction of £55,428.92 ($71,966.92). In other news, insider Matthaios Rigas purchased 40,000 shares of the company's stock in a transaction on Wednesday, October 2nd. The shares were purchased at an average cost of GBX 850 ($11.04) per share, with a total value of £340,000 ($441,443.78). Also, insider Andrew Donald Bartlett acquired 5,554 shares of the firm's stock in a transaction dated Tuesday, July 30th. The stock was purchased at an average cost of GBX 998 ($12.96) per share, with a total value of £55,428.92 ($71,966.92). Company insiders own 24.40% of the company's stock.

Energean Company Profile

(Get Free Report)

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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