Energean plc (OTCMKTS:EERGF – Get Free Report)’s stock price fell 8.2% during trading on Monday . The company traded as low as $10.70 and last traded at $10.70. 10,302 shares were traded during trading, an increase of 778% from the average session volume of 1,173 shares. The stock had previously closed at $11.65.
Energean Price Performance
The firm’s 50-day simple moving average is $12.48 and its two-hundred day simple moving average is $12.80.
Energean Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.21%. The ex-dividend date is Friday, March 7th.
About Energean
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.
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