Sterling Energy plc (LON:SEY)’s share price reached a new 52-week low on Wednesday . The stock traded as low as GBX 13.75 ($0.18) and last traded at GBX 14.50 ($0.19), with a volume of 24,865 shares trading hands. The stock had previously closed at GBX 14.50 ($0.19).

Separately, Peel Hunt lifted their price objective on Sterling Energy plc from GBX 19 ($0.25) to GBX 21 ($0.27) and gave the company a “buy” rating in a report on Friday, July 21st.

The firm’s 50-day moving average is GBX 14.83 and its 200-day moving average is GBX 15.34. The firm’s market cap is GBX 31.91 million.

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Sterling Energy plc Company Profile

Sterling Energy plc is an upstream oil and gas company, which is focused primarily on material exploration opportunities in Africa. The Company is engaged in the exploration, development and production of commercial oil and gas. The Company operates in the Africa segment. The Africa segment includes its exploration and development activities.

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