I3 Energy (LON:I3E) Trading Up 0.9%

Shares of I3 Energy PLC (LON:I3E) were up 0.9% during mid-day trading on Wednesday . The company traded as high as GBX 57 ($0.74) and last traded at GBX 56.50 ($0.74), approximately 632,277 shares traded hands during mid-day trading. An increase of 178% from the average daily volume of 227,363 shares. The stock had previously closed at GBX 56 ($0.73).

The firm has a market cap of $49.37 million and a P/E ratio of -10.87. The company has a debt-to-equity ratio of 12.71, a quick ratio of 0.41 and a current ratio of 0.42. The company’s 50 day simple moving average is GBX 50.47.

About I3 Energy (LON:I3E)

i3 Energy Plc, a holding company, engages in the identification, evaluation, acquisition, appraisal, development, and production of oil and gas assets in the United Kingdom. It owns a 100% interest in the License P.1987, Blocks 13/23d and 13/23c of Liberator oil field located in the North Sea. The company was founded in 2014 and is headquartered in Westhill, the United Kingdom.

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