Ithaca Energy plc (LON:ITH – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 114.20 ($1.43) and last traded at GBX 114.80 ($1.44), with a volume of 225624 shares traded. The stock had previously closed at GBX 118.40 ($1.49).
Ithaca Energy Trading Down 3.7 %
The stock has a market capitalization of £1.15 billion and a P/E ratio of 696.47. The firm’s fifty day moving average is GBX 130.11 and its 200-day moving average is GBX 142.03.
Ithaca Energy Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Wednesday, April 17th. Shareholders of record on Thursday, March 28th were given a $0.13 dividend. The ex-dividend date was Thursday, March 28th. This represents a yield of 7.43%. Ithaca Energy’s payout ratio is 12,352.94%.
About Ithaca Energy
Ithaca Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the North Sea. The company own a portfolio of assets located in Northern and Central North Sea, Moray Firth, and West of Shetland area of the UKCS. Ithaca Energy plc was formerly known as Delek North Sea Limited and changed its name to Ithaca Energy plc in October 2022.
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