Ithaca Energy (LON:ITH) Hits New 52-Week Low at $114.20

Ithaca Energy plc (LON:ITH)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 114.20 ($1.43) and last traded at GBX 114.80 ($1.44), with a volume of 225624 shares. The stock had previously closed at GBX 118.40 ($1.49).

Ithaca Energy Trading Down 3.7 %

The stock has a market cap of £1.15 billion and a P/E ratio of 696.47. The stock has a 50 day simple moving average of GBX 130.11 and a 200 day simple moving average of GBX 142.03.

Ithaca Energy Announces Dividend

The business also recently declared a dividend, which was paid on Wednesday, April 17th. Investors of record on Thursday, March 28th were paid a $0.13 dividend. This represents a yield of 7.43%. The ex-dividend date of this dividend was Thursday, March 28th. Ithaca Energy’s dividend payout ratio (DPR) is presently 12,352.94%.

Ithaca Energy Company Profile

Ithaca Energy plc, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in the North Sea. The company own a portfolio of assets located in Northern and Central North Sea, Moray Firth, and West of Shetland area of the UKCS. Ithaca Energy plc was formerly known as Delek North Sea Limited and changed its name to Ithaca Energy plc in October 2022.