Serica Energy plc (OTCMKTS:SQZZF – Get Rating)’s share price rose 8.7% during mid-day trading on Monday . The stock traded as high as $2.75 and last traded at $2.75. Approximately 5,000 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 9,609 shares. The stock had previously closed at $2.53.
Analyst Upgrades and Downgrades
Separately, Jefferies Financial Group initiated coverage on shares of Serica Energy in a research report on Wednesday, April 12th. They issued a “buy” rating for the company.
Serica Energy Price Performance
The firm’s 50-day simple moving average is $2.74 and its 200-day simple moving average is $2.97.
Serica Energy Company Profile
Serica Energy Plc engages in the exploration, development, and production of oil and gas. It has exploration and development activities based in the United Kingdom, Ireland, Namibia and Morocco, and an economic interest in an oilfield offshore Norway. The company was founded in 2000 and is headquartered in London, the United Kingdom.
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