Energean (OTCMKTS:EERGF) Trading Down 6.8% – Here’s What Happened

Energean plc (OTCMKTS:EERGFGet Free Report) traded down 6.8% during mid-day trading on Wednesday . The stock traded as low as $13.00 and last traded at $13.00. 140 shares were traded during mid-day trading, a decline of 92% from the average session volume of 1,722 shares. The stock had previously closed at $13.95.

Energean Stock Performance

The firm’s 50-day moving average price is $13.21 and its 200 day moving average price is $12.93.

Energean Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Shareholders of record on Friday, December 6th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 9.23%. The ex-dividend date of this dividend was Friday, December 6th.

Energean Company Profile

(Get Free Report)

Energean plc engages in the exploration, development, and production of oil and gas. It operates through four segments: Europe, Israel, Egypt, and New Ventures. The company holds interests in the Eastern Mediterranean. Its flagship project is the Karish project located in Israel. It also provides financing services; and holds a gas transportation license.

Further Reading

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