Iain Clifford Scobbie Lewis Sells 31,811 Shares of Ithaca Energy (LON:ITH) Stock

Ithaca Energy plc (LON:ITHGet Free Report) insider Iain Clifford Scobbie Lewis sold 31,811 shares of Ithaca Energy stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of GBX 285, for a total value of £90,661.35.

Iain Clifford Scobbie Lewis also recently made the following trade(s):

  • On Friday, March 20th, Iain Clifford Scobbie Lewis sold 31,588 shares of Ithaca Energy stock. The shares were sold at an average price of GBX 267, for a total value of £84,339.96.
  • On Monday, January 5th, Iain Clifford Scobbie Lewis acquired 94 shares of Ithaca Energy stock. The shares were acquired at an average cost of GBX 160 per share, for a total transaction of £150.40.

Ithaca Energy Stock Up 1.6%

Shares of LON:ITH opened at GBX 248 on Wednesday. The firm has a market capitalization of £4.09 billion, a PE ratio of -33.07 and a beta of 0.84. Ithaca Energy plc has a twelve month low of GBX 120 and a twelve month high of GBX 288.50. The company has a 50-day moving average price of GBX 208.73 and a two-hundred day moving average price of GBX 195.80.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group cut their price objective on shares of Ithaca Energy from GBX 220 to GBX 210 and set a “buy” rating for the company in a report on Thursday, February 5th. Two analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of GBX 205.

Read Our Latest Research Report on ITH

Ithaca Energy Company Profile

(Get Free Report)

Ithaca Energy is a leading UK independent exploration and production company focused on the UK North Sea with a strong track record of material value creation. In recent years, the Company has been focused on growing its portfolio of assets through both organic investment programmes and acquisitions and has seen a period of significant M&A driven growth centred upon two transformational acquisitions.

Today, Ithaca Energy is one of the largest independent oil and gas companies in the United Kingdom Continental Shelf (the “UKCS”), with stakes in six of the ten largest fields in the UKCS and two of UKCS’s largest pre-development fields.

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Insider Buying and Selling by Quarter for Ithaca Energy (LON:ITH)

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