PetroChina Company Limited Hits New 52-Week High at $141.00 (PTR)
Shares of PetroChina Company Limited (NYSE:PTR) reached a new 52-week high during mid-day trading on Wednesday , StockRatingsNetwork.com reports. The company traded as high as $141.00 and last traded at $139.89, with a volume of 90,360 shares changing hands. The stock had previously closed at $139.24.
Several analysts have recently commented on the stock. Analysts at Societe Generale downgraded shares of PetroChina Company Limited from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 30th. Analysts at Macquarie upgraded shares of PetroChina Company Limited from a “neutral” rating to an “outperform” rating in a research note on Monday, June 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold”.
The stock’s 50-day moving average is $130.6 and its 200-day moving average is $115.5. The company has a market cap of $251.8 billion and a price-to-earnings ratio of 12.32.
PetroChina Company Limited is mainly engaged in the production and sale of oil and gas related products.
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