Seplat Energy (LON:SEPL) Share Price Crosses Below 50-Day Moving Average of $106.72

Seplat Energy Plc (LON:SEPLGet Rating) shares crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 106.72 ($1.26) and traded as low as GBX 88 ($1.04). Seplat Energy shares last traded at GBX 88 ($1.04), with a volume of 339,085 shares.

Seplat Energy Price Performance

The business has a fifty day moving average price of GBX 106.72 and a 200-day moving average price of GBX 112.01. The company has a current ratio of 1.57, a quick ratio of 1.40 and a debt-to-equity ratio of 43.81. The stock has a market capitalization of £531.47 million and a PE ratio of 400.00.

Seplat Energy Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, December 6th. Investors of record on Wednesday, November 9th will be issued a dividend of $0.03 per share. This represents a yield of 2.19%. The ex-dividend date is Wednesday, November 9th. Seplat Energy’s dividend payout ratio is presently 44.93%.

About Seplat Energy

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Seplat Energy Plc engages in the oil and gas exploration and production, and gas processing activities in Nigeria. It generates hydrocarbon through seven oil and gas blocks in the Niger Delta region. The company also engages in the renewable energy generation activities. The company was formerly known as Seplat Petroleum Development Company Plc and changed its name to Seplat Energy Plc in May 2021.

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