Shares of Serica Energy plc (LON:SQZ – Get Free Report) reached a new 52-week low on Thursday . The stock traded as low as GBX 118 ($1.55) and last traded at GBX 119.47 ($1.57), with a volume of 1059126 shares. The stock had previously closed at GBX 121.50 ($1.60).
Analyst Ratings Changes
Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 225 ($2.96) price objective on shares of Serica Energy in a research report on Tuesday, May 21st.
View Our Latest Stock Analysis on Serica Energy
Serica Energy Stock Performance
Insider Transactions at Serica Energy
In other news, insider David Latin bought 21,350 shares of the company’s stock in a transaction on Wednesday, July 24th. The shares were bought at an average cost of GBX 131 ($1.72) per share, with a total value of £27,968.50 ($36,776.46). In related news, insider Chris Cox bought 52,672 shares of the business’s stock in a transaction on Friday, July 5th. The shares were bought at an average cost of GBX 1 ($0.01) per share, for a total transaction of £526.72 ($692.60). Also, insider David Latin purchased 21,350 shares of the firm’s stock in a transaction dated Wednesday, July 24th. The shares were bought at an average price of GBX 131 ($1.72) per share, with a total value of £27,968.50 ($36,776.46). Over the last ninety days, insiders have purchased 86,552 shares of company stock valued at $4,553,602. 37.83% of the stock is owned by insiders.
Serica Energy Company Profile
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.
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