Petrel Resources Plc (LON:PET – Get Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 0.89 and traded as low as GBX 0.65. Petrel Resources shares last traded at GBX 0.70, with a volume of 350,000 shares changing hands.
Petrel Resources Trading Up 7.7%
The company has a market cap of £1.45 million, a P/E ratio of -2.19 and a beta of 0.57. The company has a 50 day moving average price of GBX 0.79 and a 200-day moving average price of GBX 0.89.
About Petrel Resources
Petrel Resources Plc, together with its subsidiaries, operates as an oil and gas exploration company. The company holds a 100% interest in the Frontier exploration license 3/14 located in Ireland. It also holds a 30% working interest in the Tano 2A Block covering an area of 1,532 square kilometers in Ghana; and holds interest in the Western Desert Block 6 located in Iraq.
Read More
- Five stocks we like better than Petrel Resources
- How to Profit From Value Investing
- Keysight Technologies’ Surge: The Market Wakes Up to This AI Play
- Industrial Products Stocks Investing
- Is American Express the Credit Stock For a K-Shaped Economy?
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Powering Up: How a Credit Upgrade Fuels Vistra’s AI Ambitions
Receive News & Ratings for Petrel Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Petrel Resources and related companies with MarketBeat.com's FREE daily email newsletter.
