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

Seplat Energy logo with Energy background

Seplat Energy Plc (LON:SEPL - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 200.54 ($2.50) and traded as high as GBX 203 ($2.53). Seplat Energy shares last traded at GBX 202 ($2.52), with a volume of 99,167 shares traded.

Seplat Energy Price Performance

The firm has a market capitalization of £1.19 billion, a P/E ratio of 1,836.36, a PEG ratio of 0.09 and a beta of 0.45. The company has a debt-to-equity ratio of 42.43, a quick ratio of 1.40 and a current ratio of 1.48. The firm's 50-day moving average is GBX 200.10 and its 200 day moving average is GBX 200.51.

Insider Activity

In other Seplat Energy news, insider Udoma Udo Udoma acquired 10,000 shares of the business's stock in a transaction dated Thursday, December 19th. The shares were acquired at an average price of GBX 200 ($2.49) per share, with a total value of £20,000 ($24,903.50). Corporate insiders own 1.65% of the company's stock.

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.

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