i3 Energy (LON:I3E) Shares Up 1%

i3 Energy Plc (LON:I3E)’s stock price shot up 1% on Wednesday . The company traded as high as GBX 12.48 ($0.17) and last traded at GBX 12.30 ($0.16). 13,035,167 shares were traded during trading, an increase of 237% from the average session volume of 3,866,185 shares. The stock had previously closed at GBX 12.18 ($0.16).

i3 Energy Price Performance

The business’s 50-day simple moving average is GBX 11.18 and its two-hundred day simple moving average is GBX 10.87. The company has a quick ratio of 0.70, a current ratio of 1.11 and a debt-to-equity ratio of 0.13. The stock has a market cap of £147.60 million, a P/E ratio of 1,230.00 and a beta of 0.25.

i3 Energy Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, August 2nd. Shareholders of record on Thursday, July 11th were paid a dividend of GBX 0.26 ($0.00) per share. This represents a dividend yield of 2.62%. The ex-dividend date of this dividend was Thursday, July 11th. i3 Energy’s dividend payout ratio (DPR) is presently 10,000.00%.

i3 Energy Company Profile

i3 Energy Plc, a holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. The company holds the 13/23c and 13/23d blocks in Liberator field; and 75% interest in the 13/23c-10 well in the Serenity field. Its production asset base consists of approximately 850 net conventional oil, natural gas, and natural gas liquids production wells in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play, Canada.