Seplat Energy (LON:SEPL) Reaches New 12-Month High – Time to Buy?

Seplat Energy Plc (LON:SEPLGet Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 247.50 ($3.33) and last traded at GBX 247.50 ($3.33), with a volume of 150381 shares. The stock had previously closed at GBX 240 ($3.23).

Seplat Energy Price Performance

The stock has a market capitalization of £1.82 billion, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 0.09 and a beta of 0.45. The company has a debt-to-equity ratio of 43.24, a quick ratio of 1.40 and a current ratio of 1.48. The firm has a 50-day moving average price of GBX 207.08 and a 200 day moving average price of GBX 196.86.

Insiders Place Their Bets

In other Seplat Energy news, insider Babs Omotowa bought 18,000 shares of the firm’s stock in a transaction that occurred on Friday, March 28th. The shares were bought at an average price of GBX 177 ($2.38) per share, for a total transaction of £31,860 ($42,903.31). 1.65% of the stock is owned by insiders.

About Seplat Energy

(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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