Seplat Energy (LON:SEPL) Hits New 1-Year High - Here's Why

Seplat Energy Plc (LON:SEPL - Get Free Report)'s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 377 and last traded at GBX 371.26, with a volume of 69282 shares changing hands. The stock had previously closed at GBX 367.Get Seplat Energy alerts:Analyst Upgrades and DowngradesSeparately, Canaccord Genuity Group restated a "buy" rating and issued a GBX 550 price target on shares of Seplat Energy in a research note on Tuesday, January 20th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Seplat Energy presently has a consensus rating of "Buy" and an average price target of GBX 437.50.View Our Latest Stock Report on SEPLSeplat Energy Stock Up 2.2%The company has a debt-to-equity ratio of 43.24, a quick ratio of 1.40 and a current ratio of 1.48. The company's fifty day moving average price is GBX 293.56 and its 200-day moving average price is GBX 278.67. The stock has a market cap of £2.25 billion, a P/E ratio of 10.84, a price-to-earnings-growth ratio of 0.09 and a beta of 0.45. Seplat Energy Company Profile (Get Free Report)Seplat Energy is Nigeria's leading indigenous, independent oil and gas producer, producing oil and gas production volumes of 48,152 barrels of oil equivalent per day (boepd) in 9M 2023, including 117 MMscfd (20,083 boepd) of processed natural gas for domestic power generation in 9M 2023. Seplat Energy is focused on powering Nigeria's energy transition. Our goal is to help meet the energy needs of Nigeria's rapidly growing population by providing accessible, reliable and sustainable energy, at the same time increasing shareholder value.Featured ArticlesFive stocks we like better than Seplat EnergyBNZI: Triple-Digit Growth, Zacks Approved!HCTI: Under the Radar and Building an AI Healthcare EmpireThey’ve Built Major Gold Stories Before - And They’re Doing It AgainNvidia CEO Issues Bold Tesla CallHow to collect $500-$800 weekly (BlackRock's system)This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Seplat Energy Right Now?Before you consider Seplat Energy, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Seplat Energy wasn't on the list.While Seplat Energy currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here