Sterling Energy plc (SEY.L) (LON:SEY) Shares Gap Up to $11.20

Shares of Sterling Energy plc (SEY.L) (LON:SEY) gapped up before the market opened on Tuesday . The stock had previously closed at $11.20, but opened at $11.80. Sterling Energy plc (SEY.L) shares last traded at $11.96, with a volume of 26,539 shares traded.

The company has a debt-to-equity ratio of 1.23, a current ratio of 159.29 and a quick ratio of 159.29. The business’s 50 day moving average is GBX 10.66 and its 200 day moving average is GBX 11.70. The stock has a market cap of £26.41 million and a price-to-earnings ratio of -12.56.

About Sterling Energy plc (SEY.L) (LON:SEY)

Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas company primarily in Africa and the Middle East. It is involved in the appraisal, exploration, development, and production of oil and gas. The company holds 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland.

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