Serica Energy (OTCMKTS:SQZZF) Trading Up 4.6% – Here’s Why

Shares of Serica Energy plc (OTCMKTS:SQZZFGet Free Report) rose 4.6% during trading on Tuesday . The company traded as high as $3.40 and last traded at $3.40. Approximately 1,025 shares traded hands during trading, a decline of 61% from the average daily volume of 2,605 shares. The stock had previously closed at $3.25.

Serica Energy Stock Performance

The stock’s 50 day moving average is $3.18 and its 200 day moving average is $2.64.

About Serica Energy

(Get Free Report)

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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