Ithaca Energy’s (ITH) Not Rated Rating Reiterated at Shore Capital

Shore Capital reaffirmed their not rated rating on shares of Ithaca Energy (LON:ITH) in a report issued on Wednesday, MarketBeat reports.

Ithaca Energy Stock Performance

LON ITH opened at GBX 221 on Wednesday. Ithaca Energy has a fifty-two week low of GBX 94.38 and a fifty-two week high of GBX 221. The firm has a market capitalization of £4.61 billion and a P/E ratio of 25.24. The stock’s fifty day moving average is GBX 169.82 and its two-hundred day moving average is GBX 148.76.

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.