Seplat Energy (LON:SEPL) Stock Passes Above 50 Day Moving Average - Should You Sell?

Seplat Energy Plc (LON:SEPL - Get Free Report)'s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 194.61 ($2.52) and traded as high as GBX 235 ($3.05). Seplat Energy shares last traded at GBX 231 ($3.00), with a volume of 443,055 shares.

Seplat Energy Price Performance

The company has a fifty day simple moving average of GBX 196.54 and a 200-day simple moving average of GBX 186.60. The company has a market cap of £1.34 billion, a P/E ratio of 2,072.73, a PEG ratio of 0.09 and a beta of 0.45. The company has a debt-to-equity ratio of 42.43, a current ratio of 1.48 and a quick ratio of 1.40.

Seplat Energy Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Monday, November 11th will be issued a dividend of $0.04 per share. This represents a dividend yield of 1.2%. This is an increase from Seplat Energy's previous dividend of $0.03. The ex-dividend date of this dividend is Monday, November 11th. Seplat Energy's dividend payout ratio is currently 8,181.82%.

Seplat Energy Company Profile

Seplat Energy Plc engages in the oil and gas exploration and production, and gas processing activities in Nigeria, the Bahamas, Italy, Switzerland, Barbados, and England. It operates through two segments, Oil and Gas. The Oil segment explores, develops, and produces crude oil. Its Gas segment produces and processes gas.