Shares of Petro Matad Limited (LON:MATD – Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 1.12 and traded as low as GBX 0.90. Petro Matad shares last traded at GBX 0.92, with a volume of 5,972,605 shares changing hands.
Analyst Ratings Changes
Separately, Shore Capital reissued a “house stock” rating on shares of Petro Matad in a research report on Wednesday, November 5th.
Get Our Latest Analysis on Petro Matad
Petro Matad Stock Down 1.6%
Petro Matad Company Profile
Petro Matad is a company focused on delivery of energy in Mongolia from both the hydrocarbon and renewables sectors.
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