Serinus Energy (LON:SENX) Trading Up 22.9% – Still a Buy?

Shares of Serinus Energy plc (LON:SENXGet Free Report) traded up 22.9% during trading on Monday . The company traded as high as GBX 3.25 ($0.04) and last traded at GBX 3.10 ($0.04). 332,814 shares were traded during mid-day trading, an increase of 4% from the average session volume of 319,255 shares. The stock had previously closed at GBX 2.52 ($0.03).

Serinus Energy Stock Performance

The firm’s 50-day simple moving average is GBX 2.60 and its two-hundred day simple moving average is GBX 2.77. The company has a market cap of £6.00 million, a PE ratio of -0.42 and a beta of -0.63. The company has a current ratio of 0.64, a quick ratio of 0.96 and a debt-to-equity ratio of 3.73.

Serinus Energy Company Profile

(Get Free Report)

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.

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