Ithaca Energy plc (LON:ITH) Insider Iain Clifford Scobbie Lewis Buys 121 Shares

Ithaca Energy plc (LON:ITH) insider Iain Clifford Scobbie Lewis acquired 121 shares of the stock in a transaction on Monday, January 6th. The stock was acquired at an average cost of GBX 124 ($1.55) per share, for a total transaction of £150.04 ($187.71).

Iain Clifford Scobbie Lewis also recently made the following trade(s):

• On Thursday, December 5th, Iain Clifford Scobbie Lewis bought 139 shares of Ithaca Energy stock. The shares were bought at an average price of GBX 108 ($1.35) per share, for a total transaction of £150.12 ($187.81).

Ithaca Energy Stock Performance

ITH stock traded up GBX 1.60 ($0.02) during trading on Tuesday, reaching GBX 126 ($1.58). 1,088,120 shares of the company were exchanged, compared to its average volume of 1,759,901. Ithaca Energy plc has a 52-week low of GBX 94.38 ($1.18) and a 52-week high of GBX 151.80 ($1.90). The company has a market cap of £2.08 billion and a P/E ratio of 1,050.00. The stock’s 50 day moving average price is GBX 106.17 and its 200 day moving average price is GBX 113.91.

Ithaca Energy Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 28th were given a $0.12 dividend. The ex-dividend date of this dividend was Thursday, November 28th. This is a positive change from Ithaca Energy’s previous dividend of $0.10. This represents a dividend yield of 9.56%. Ithaca Energy’s payout ratio is currently 23,333.33%.

Ithaca Energy Company Profile

Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions.