Serinus Energy (LON:SENX) Trading Down 7.7% – Time to Sell?

Serinus Energy plc (LON:SENX) traded down 7.7% during mid-day trading on Wednesday . The company traded as low as GBX 2.17 ($0.03) and last traded at GBX 2.17 ($0.03). 179,777 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 310,321 shares. The stock had previously closed at GBX 2.35 ($0.03).

Serinus Energy Stock Performance

The stock’s 50-day moving average price is GBX 3.15 and its 200 day moving average price is GBX 2.76. The firm has a market cap of £2.24 million, a P/E ratio of -32.50 and a beta of -0.63. The company has a debt-to-equity ratio of 3.75, a current ratio of 0.72 and a quick ratio of 0.96.

Serinus Energy Company Profile

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.