Peel Hunt Reiterates Buy Rating for Serica Energy (LON:SQZ)

Serica Energy (LON:SQZ)‘s stock had its “buy” rating restated by Peel Hunt in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.

LON SQZ opened at GBX 128 ($1.67) on Friday. The stock has a market cap of $339.28 million and a price-to-earnings ratio of 4.74. Serica Energy has a fifty-two week low of GBX 55 ($0.72) and a fifty-two week high of GBX 146 ($1.91). The company has a quick ratio of 0.73, a current ratio of 0.77 and a debt-to-equity ratio of 11.39.

Serica Energy Company Profile

Serica Energy plc engages in the identification, acquisition, exploration, and exploitation of oil and gas reserves. The company holds exploration, development, and production assets in the United Kingdom, as well as exploration interests in the Atlantic margins offshore Ireland and Namibia; and an 18% non-operated interest in the Erskine field in the Central North Sea.

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