Serinus Energy (LON:SENX) Stock Price Up 2.1%

Shares of Serinus Energy plc (LON:SENX) rose 2.1% on Wednesday . The stock traded as high as GBX 2.40 ($0.03) and last traded at GBX 2.40 ($0.03). Approximately 1,598,634 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 9,507,063 shares. The stock had previously closed at GBX 2.35 ($0.03).

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Serinus Energy in a research note on Wednesday, June 30th.

The company has a market capitalization of £27.38 million and a PE ratio of -2.18. The firm has a 50 day simple moving average of GBX 2.52. The company has a debt-to-equity ratio of 1.80, a current ratio of 0.66 and a quick ratio of 0.60.

In related news, insider James Causgrove bought 400,000 shares of the business’s stock in a transaction dated Friday, May 28th. The shares were purchased at an average cost of GBX 3 ($0.04) per share, with a total value of £12,000 ($15,678.08). Also, insider Łukasz Rędziniak bought 193,000 shares of the business’s stock in a transaction dated Thursday, May 20th. The stock was bought at an average cost of GBX 3 ($0.04) per share, for a total transaction of £5,790 ($7,564.67). Over the last three months, insiders bought 791,412 shares of company stock worth $2,374,236.

About Serinus Energy (LON:SENX)

Serinus Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas properties in Tunisia and Romania. It owns a 100% deemed working interest in the Satu Mare concession covering an area of approximately 729,000 acres situated within the Pannonian Basin, Romania.

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