Serica Energy plc (LON:SQZ – Get Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 119.20 ($1.53) and last traded at GBX 123.10 ($1.58), with a volume of 3796580 shares trading hands. The stock had previously closed at GBX 129.30 ($1.66).
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 225 ($2.89) target price on shares of Serica Energy in a research note on Tuesday, May 21st.
Read Our Latest Analysis on SQZ
Serica Energy Stock Performance
Insider Buying and Selling at Serica Energy
In related news, insider David Latin purchased 21,350 shares of the business’s stock in a transaction on Wednesday, July 24th. The stock was acquired at an average price of GBX 131 ($1.69) per share, for a total transaction of £27,968.50 ($35,976.97). In related news, insider David Latin purchased 21,350 shares of the business’s stock in a transaction on Wednesday, July 24th. The stock was acquired at an average price of GBX 131 ($1.69) per share, for a total transaction of £27,968.50 ($35,976.97). Also, insider Chris Cox purchased 52,672 shares of the business’s stock in a transaction on Friday, July 5th. The shares were bought at an average price of GBX 1 ($0.01) per share, with a total value of £526.72 ($677.54). In the last quarter, insiders purchased 105,552 shares of company stock worth $8,068,602. Insiders own 41.76% of the company’s stock.
About Serica Energy
Serica Energy plc, an upstream oil and gas company, identifies, acquires, explores, exploits, and produces oil and gas reserves in the United Kingdom. The company holds 100% interest in the Keith oil field; 98% interest in the Bruce field; and 50% interest in the Rhum gas field located in the Northern North Sea, as well as 18% non-operating interest in the Erskine field located in Central North Sea.
Featured Articles
- Five stocks we like better than Serica Energy
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- AbbVie Analysts Lead the Stock Higher as Humira Worries Recede
- How to Buy Cheap Stocks Step by Step
- Harley-Davidson Stock Revs Up With Billion Dollar Buyback Program
- Upcoming IPO Stock Lockup Period, Explained
- Cruise Line Stock Sinks Despite Beating EPS and Raised Guidance
Receive News & Ratings for Serica Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serica Energy and related companies with MarketBeat.com's FREE daily email newsletter.