Serinus Energy (TSE:SEN) Trading 72% Higher – Time to Buy?

Serinus Energy plc (TSE:SENGet Free Report)’s share price was up 72% during mid-day trading on Monday . The company traded as high as C$0.43 and last traded at C$0.43. Approximately 6,708 shares traded hands during trading, a decline of 47% from the average daily volume of 12,757 shares. The stock had previously closed at C$0.25.

Serinus Energy Price Performance

The company has a quick ratio of 0.54, a current ratio of 0.61 and a debt-to-equity ratio of 207.30. The company’s fifty day moving average is C$0.43.

Serinus Energy Company Profile

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Serinus Energy Inc, together with its subsidiaries, engages in the exploration and development of oil and gas properties. The company owns a 45% working interest in the Sabria concession; and a 100% working interest in the Chouech Es Saida, Ech Chouech, Sanrhar, and Zinnia concessions located in Tunisia.

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