i3 Energy (LON:I3E) Shares Up 2.5%

i3 Energy Plc (LON:I3E) shares shot up 2.5% on Thursday . The stock traded as high as GBX 9.84 ($0.12) and last traded at GBX 9.60 ($0.12). 2,353,373 shares traded hands during trading, a decline of 9% from the average session volume of 2,576,237 shares. The stock had previously closed at GBX 9.37 ($0.12).

i3 Energy Stock Up 1.0 %

The firm has a market cap of £116.40 million, a price-to-earnings ratio of 1,106.00 and a beta of 0.19. The firm’s 50 day moving average price is GBX 10.66 and its two-hundred day moving average price is GBX 10.24. The company has a debt-to-equity ratio of 7.23, a current ratio of 0.73 and a quick ratio of 0.70.

i3 Energy Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, May 3rd. Stockholders of record on Thursday, April 11th were paid a dividend of GBX 0.26 ($0.00) per share. The ex-dividend date of this dividend was Thursday, April 11th. This represents a dividend yield of 2.2%.

i3 Energy Company Profile

i3 Energy Plc, a holding company, engages in the acquisition, development, and production of oil and gas assets in the United Kingdom and Canada. The company holds the 13/23c and 13/23d blocks in Liberator field; and 75% interest in the 13/23c-10 well in the Serenity field. Its production asset base consists of approximately 850 net conventional oil, natural gas, and natural gas liquids production wells in Central Alberta, Wapiti / Elmworth, Simonette, and the Clearwater play, Canada.