Ithaca Energy plc (LON:ITH) Insider Yaniv Friedman Purchases 111 Shares

Ithaca Energy plc (LON:ITH) insider Yaniv Friedman purchased 111 shares of the stock in a transaction on Wednesday, March 5th. The shares were acquired at an average cost of GBX 135 ($1.74) per share, with a total value of £149.85 ($193.16).

Ithaca Energy Stock Down 6.7 %

Shares of ITH traded down GBX 9 ($0.12) during mid-day trading on Thursday, hitting GBX 126 ($1.62). 2,901,374 shares of the company’s stock traded hands, compared to its average volume of 1,547,964. The firm has a market capitalization of £2.63 billion and a P/E ratio of 14.39. The business’s 50-day moving average price is GBX 129.97 and its 200-day moving average price is GBX 116.23. Ithaca Energy plc has a 1 year low of GBX 94.38 ($1.22) and a 1 year high of GBX 151.80 ($1.96).

About Ithaca Energy

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.