Ithaca Energy plc (LON:ITH - Get Free Report) shares hit a new 52-week low on Friday . The company traded as low as GBX 98.30 ($1.27) and last traded at GBX 99.10 ($1.29), with a volume of 3567615 shares traded. The stock had previously closed at GBX 101.60 ($1.32).
Ithaca Energy Stock Down 2.9 %
The business has a fifty day moving average of GBX 110.34 and a 200 day moving average of GBX 118.70. The firm has a market cap of £1.63 billion and a P/E ratio of 829.17.
Ithaca Energy Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, September 5th were issued a dividend of $0.10 per share. This represents a dividend yield of 5.76%. The ex-dividend date of this dividend was Thursday, September 5th. Ithaca Energy's payout ratio is 23,333.33%.
Ithaca Energy Company Profile
(
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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.
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