Sterling Energy’s (SEY) Add Rating Reiterated at Peel Hunt

Peel Hunt reissued their add rating on shares of Sterling Energy (LON:SEY) in a research note published on Friday morning, ThisIsMoney.Co.Uk reports.

Shares of LON:SEY opened at GBX 9.58 ($0.13) on Friday. Sterling Energy has a one year low of GBX 8.90 ($0.12) and a one year high of GBX 12.40 ($0.16). The stock has a fifty day moving average of GBX 9.72 and a 200-day moving average of GBX 10.73. The company has a market capitalization of $21.07 million and a PE ratio of -13.68.

About Sterling Energy

Sterling Energy plc, together with its subsidiaries, operates as an upstream oil and gas exploration and production company in Africa. It has 34% interest in an exploration project covering approximately 22,840 square kilometers located in Somaliland. The company was incorporated in 1983 and is headquartered in London, the United Kingdom.

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