Serica Energy (LON:SQZ) Stock Price Crosses Below 200-Day Moving Average of $164.00

Serica Energy plc (LON:SQZ)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 164 ($2.16) and traded as low as GBX 123.10 ($1.62). Serica Energy shares last traded at GBX 123.10 ($1.62), with a volume of 971,928 shares traded.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 225 ($2.96) price target on shares of Serica Energy in a report on Tuesday, May 21st.

Serica Energy Trading Up 0.2 %

The company has a quick ratio of 1.22, a current ratio of 2.19 and a debt-to-equity ratio of 32.79. The stock’s 50 day moving average is GBX 131.68 and its two-hundred day moving average is GBX 163.51. The company has a market capitalization of £473.63 million, a PE ratio of 448.52, a price-to-earnings-growth ratio of 2.15 and a beta of 0.46.

Insider Buying and Selling at Serica Energy

In other news, insider Chris Cox acquired 12,530 shares of the business’s stock in a transaction dated Tuesday, July 2nd. The shares were purchased at an average price of GBX 136 ($1.79) per share, with a total value of £17,040.80 ($22,407.36). In other Serica Energy news, insider David Latin purchased 21,350 shares of the company’s stock in a transaction dated Wednesday, July 24th. The shares were acquired at an average price of GBX 131 ($1.72) per share, for a total transaction of £27,968.50 ($36,776.46). Also, insider Chris Cox acquired 12,530 shares of the business’s stock in a transaction dated Tuesday, July 2nd. The stock was purchased at an average cost of GBX 136 ($1.79) per share, for a total transaction of £17,040.80 ($22,407.36). Insiders have purchased 86,552 shares of company stock worth $4,553,602 over the last quarter. Insiders own 37.83% of the company’s stock.

Serica Energy Company Profile

Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company holds 100% interest in the Keith oil field; 98% interest in the Bruce field; and 50% interest in the Rhum gas field located in the Northern North Sea, as well as 18% non-operating interest in the Erskine field located in Central North Sea.