Serinus Energy (LON:SENX) Trading Down 3.4% – Should You Sell?

Serinus Energy plc (LON:SENX)’s share price dropped 3.4% on Wednesday . The company traded as low as GBX 2.61 ($0.03) and last traded at GBX 2.80 ($0.04). Approximately 118,862 shares changed hands during trading, a decline of 63% from the average daily volume of 323,631 shares. The stock had previously closed at GBX 2.90 ($0.04).

Analyst Ratings Changes

Separately, Shore Capital reissued a “house stock” rating on shares of Serinus Energy in a research report on Monday, August 12th.

Serinus Energy Trading Down 3.6 %

The company’s 50-day simple moving average is GBX 3.29 and its 200 day simple moving average is GBX 2.78. The company has a quick ratio of 0.96, a current ratio of 0.72 and a debt-to-equity ratio of 3.75. The firm has a market capitalization of £2.97 million, a PE ratio of -37.86 and a beta of -0.63.

About Serinus Energy

Serinus Energy plc, together with its subsidiaries, engages in the exploration and development of oil and gas properties in Tunisia and Romania. It owns a 100% deemed working interest in the Satu Mare concession covering an area of approximately 729,000 gross acres situated within the Pannonian Basin, Romania.