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

Shore Capital reiterated their not rated rating on shares of Ithaca Energy (LON:ITH) in a research note released on Wednesday morning, MarketBeat Ratings reports.

Ithaca Energy Price Performance

LON ITH opened at GBX 221 on Wednesday. Ithaca Energy has a 1-year low of GBX 94.38 and a 1-year high of GBX 221. The company has a market capitalization of £4.61 billion and a P/E ratio of 25.24. The business has a 50 day moving average price of GBX 169.82 and a 200 day moving average price of GBX 148.76.

Ithaca Energy Company Profile

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.