Serinus Energy (LON:SENX) Trading Down 7.3% – What’s Next?

Shares of Serinus Energy plc (LON:SENX) were down 7.3% on Tuesday . The stock traded as low as GBX 2.50 ($0.03) and last traded at GBX 2.50 ($0.03). Approximately 15,299 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 389,491 shares. The stock had previously closed at GBX 2.70 ($0.03).

Serinus Energy Trading Down 7.3 %

The company has a quick ratio of 0.96, a current ratio of 0.64 and a debt-to-equity ratio of 3.73. The firm has a 50 day moving average price of GBX 2.52 and a two-hundred day moving average price of GBX 2.74. The company has a market cap of £4.70 million, a price-to-earnings ratio of -0.33 and a beta of -0.63.

About Serinus Energy

Serinus Energy plc is an international oil company with operations in Romania and Tunisia. The focus of the Company is to enhance shareholder value by growing oil and gas production through the efficient allocation of capital.

Through our large and extensive land base, the Company has identified a significant future opportunity set that provides growth beyond our existing production and development projects.

The management of Serinus has extensive experience and a proven track record of prudent oversight in the allocation of shareholder capital.