Ithaca Energy plc (LON:ITH) Insider Yaniv Friedman Buys 111 Shares of Stock

Ithaca Energy plc (LON:ITH) insider Yaniv Friedman acquired 111 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were bought at an average price of GBX 135 ($1.74) per share, for a total transaction of £149.85 ($193.11).

Ithaca Energy Stock Down 6.7 %

ITH stock opened at GBX 126 ($1.62) on Friday. Ithaca Energy plc has a twelve month low of GBX 94.38 ($1.22) and a twelve month high of GBX 151.80 ($1.96). The company has a market cap of £2.63 billion and a PE ratio of 14.39. The business’s 50-day simple moving average is GBX 129.97 and its 200 day simple moving average is GBX 116.23.

About Ithaca Energy

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.