Scirocco Energy (LON:SCIR) Trading Down 0.7%

Scirocco Energy Plc (LON:SCIRGet Rating)’s share price was down 0.7% during mid-day trading on Thursday . The company traded as low as GBX 0.27 ($0.00) and last traded at GBX 0.27 ($0.00). Approximately 405,937 shares were traded during mid-day trading, a decline of 85% from the average daily volume of 2,659,238 shares. The stock had previously closed at GBX 0.28 ($0.00).

Scirocco Energy Price Performance

The stock’s 50-day moving average price is GBX 0.35 and its 200-day moving average price is GBX 0.50. The company has a market cap of £2.35 million and a P/E ratio of -1.80.

Scirocco Energy Company Profile

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Scirocco Energy Plc acquires a portfolio of direct and indirect interests in the oil and gas exploration, development, and production assets primarily in Europe, Africa, and the Americas. It holds 25% interests in the Ruvuma Petroleum Sharing Agreement covering an area of approximately 3,447 square kilometers; 8.39% interests in the Kiliwani North Development License; and 4.29% interests in Helium One license located in Tanzania.

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