Serica Energy plc (OTCMKTS:SQZZF – Get Free Report) dropped 16.5% on Monday . The stock traded as low as $2.84 and last traded at $2.84. 1,421 shares were traded during trading, a decline of 44% from the average daily volume of 2,526 shares. The stock had previously closed at $3.40.
Serica Energy Stock Down 16.5%
The business’s 50 day moving average price is $3.16 and its 200-day moving average price is $2.72.
Serica Energy Company Profile
Serica Energy plc (OTCMKTS:SQZZF) is an independent oil and gas exploration and production company with a primary focus on assets in the United Kingdom Continental Shelf (UKCS) and a strategic interest in the Fortuna FLNG development in Equatorial Guinea. Founded in 2006 and listed on the London Stock Exchange in 2007, Serica has built a portfolio of interests in mature producing fields and growth opportunities. The company’s operating model centers on low-cost, infrastructure-led acquisitions and disciplined operational management.
Serica holds material stakes in several key North Sea assets.
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