Serica Energy (OTCMKTS:SQZZF) Trading Down 16.5% – Here’s Why

Shares of Serica Energy plc (OTCMKTS:SQZZFGet Free Report) traded down 16.5% during mid-day trading on Monday . The company traded as low as $2.84 and last traded at $2.84. Approximately 1,421 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 2,526 shares. The stock had previously closed at $3.40.

Serica Energy Price Performance

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

(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.

Read More

Receive News & Ratings for Serica Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Serica Energy and related companies with MarketBeat.com's FREE daily email newsletter.