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Ithaca Energy shares fell 13% amid heavy trading, despite analysts' "Buy" rating and growth plans.
Ithaca Energy (LON:ITH) shares dropped 13.1% to GBX 203 on Friday, hitting a low of GBX 200, amid a 502% surge in trading volume to 12.3 million shares.
The UK-based North Sea-focused oil and gas firm has a market cap of £3.34 billion and a negative P/E ratio of -19.15.
Despite the decline, analysts maintain a collective "Buy" rating with an average price target of GBX 210.
The company continues to pursue growth through organic investment and strategic acquisitions, including two major recent deals.
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Las acciones de Ithaca Energy cayeron un 13% en medio de una fuerte negociación, a pesar de la calificación de "Comprar" de los analistas y los planes de crecimiento.