Serica Energy (OTCMKTS:SQZZF) Stock Price Up 17.5% – Here’s Why

Shares of Serica Energy plc (OTCMKTS:SQZZFGet Free Report) traded up 17.5% on Tuesday . The stock traded as high as $2.35 and last traded at $2.35. 179 shares changed hands during trading, a decline of 54% from the average session volume of 390 shares. The stock had previously closed at $2.00.

Serica Energy Price Performance

The company’s 50-day moving average is $2.18 and its 200-day moving average is $2.32.

Serica Energy Company Profile

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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.

Further Reading

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