Seplat Energy Plc (LON:SEPL - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 181.86 ($2.41) and traded as high as GBX 190.40 ($2.52). Seplat Energy shares last traded at GBX 188 ($2.49), with a volume of 187,258 shares.
Seplat Energy Stock Performance
The firm's fifty day simple moving average is GBX 181.86 and its 200 day simple moving average is GBX 198.99. The company has a market capitalization of £1.37 billion, a price-to-earnings ratio of 17.10, a PEG ratio of 0.09 and a beta of 0.45. The company has a debt-to-equity ratio of 43.24, a current ratio of 1.48 and a quick ratio of 1.40.
Seplat Energy Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, May 23rd. Investors of record on Thursday, May 8th will be paid a $0.07 dividend. This is a positive change from Seplat Energy's previous dividend of $0.04. The ex-dividend date of this dividend is Thursday, May 8th. This represents a yield of 3.04%. Seplat Energy's dividend payout ratio (DPR) is currently 81.62%.
Insider Buying and Selling at Seplat Energy
In related news, insider Babs Omotowa bought 20,000 shares of the business's stock in a transaction on Friday, March 14th. The stock was bought at an average price of GBX 177 ($2.35) per share, for a total transaction of £35,400 ($46,906.06). Also, insider Roger Thompson Brown purchased 50,000 shares of the stock in a transaction dated Tuesday, March 11th. The shares were bought at an average price of GBX 170 ($2.25) per share, for a total transaction of £85,000 ($112,627.53). Insiders have bought a total of 88,000 shares of company stock valued at $15,226,000 in the last three months. 1.65% of the stock is currently owned by company insiders.
Seplat Energy Company Profile
(
Get Free Report)
Seplat Energy is Nigeria's leading indigenous, independent oil and gas producer, producing oil and gas production volumes of 48,152 barrels of oil equivalent per day (boepd) in 9M 2023, including 117 MMscfd (20,083 boepd) of processed natural gas for domestic power generation in 9M 2023.
Seplat Energy is focused on powering Nigeria's energy transition.
Further Reading
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