Serica Energy (OTCMKTS:SQZZF) Stock Price Down 16.5% – Time to Sell?

Serica Energy plc (OTCMKTS:SQZZFGet Free Report)’s stock price traded down 16.5% during mid-day trading on Monday . The stock traded as low as $2.84 and last traded at $2.84. 1,421 shares changed hands during trading, a decline of 44% from the average daily volume of 2,526 shares. The stock had previously closed at $3.40.

Serica Energy Price Performance

The stock has a 50-day simple moving average of $3.16 and a 200 day simple moving average of $2.72.

About Serica Energy

(Get Free Report)

Serica Energy plc (OTCMKTS:SQZZF) is an independent oil and gas exploration and production company with a primary focus on assets in the United Kingdom Continental Shelf (UKCS) and a strategic interest in the Fortuna FLNG development in Equatorial Guinea. Founded in 2006 and listed on the London Stock Exchange in 2007, Serica has built a portfolio of interests in mature producing fields and growth opportunities. The company’s operating model centers on low-cost, infrastructure-led acquisitions and disciplined operational management.

Serica holds material stakes in several key North Sea assets.

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