Scirocco Energy (LON:SCIR) Trading Down 3.1%

Scirocco Energy Plc (LON:SCIRGet Rating)’s share price was down 3.1% during mid-day trading on Friday . The stock traded as low as GBX 0.41 ($0.01) and last traded at GBX 0.41 ($0.01). Approximately 5,006,131 shares were traded during mid-day trading, an increase of 75% from the average daily volume of 2,852,838 shares. The stock had previously closed at GBX 0.43 ($0.01).

The stock has a market capitalization of £3.43 million and a PE ratio of -2.13. The firm’s 50-day simple moving average is GBX 0.51 and its two-hundred day simple moving average is GBX 0.67.

About Scirocco Energy (LON:SCIR)

Scirocco Energy Plc acquires a portfolio of direct and indirect interests in exploration, development, and production oil and gas assets primarily in Europe, Africa, and the Americas. The company holds 25% interests in the Ruvuma Petroleum Sharing Agreement covering an area of approximately 3,447 square kilometers; 8.39% interests in the Kiliwani North Development License; and 4.29% interests in Helium One license located in Tanzania.

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