Serica Energy (OTCMKTS:SQZZF) Stock Price Down 0.6% – Should You Sell?

Shares of Serica Energy plc (OTCMKTS:SQZZF – Get Free Report) traded down 0.6% during mid-day trading on Friday. The company traded as low as $3.50 and last traded at $3.50. 2,000 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 5,587 shares. The stock had previously closed at $3.52.

Serica Energy Stock Performance

The business’s 50 day simple moving average is $3.40 and its 200-day simple moving average is $2.99.

Serica Energy Company Profile

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Serica Energy plc is an independent oil and gas company focused on the exploration, development and production of hydrocarbons in the United Kingdom Continental Shelf. The company’s activities are centered on developing and operating offshore oil and natural gas assets, with production primarily supporting the U.K. energy market.

Serica operates the Bruce, Keith and Rhum fields in the central North Sea through its interests in the Bruce, Keith and Rhum complex. These assets produce natural gas, condensate and crude oil, which are processed and transported through associated North Sea infrastructure.

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