NASDAQ:TGA traded up $0.03 during trading hours on Wednesday, hitting $1.31. The company’s stock had a trading volume of 28,906 shares, compared to its average volume of 119,970. The stock has a market capitalization of $95.76 million, a P/E ratio of 2.91 and a beta of 1.08. The stock has a fifty day moving average of $1.39 and a 200-day moving average of $1.57. The company has a current ratio of 3.41, a quick ratio of 2.83 and a debt-to-equity ratio of 0.22. TransGlobe Energy has a 52-week low of $1.26 and a 52-week high of $3.41.
TransGlobe Energy (NASDAQ:TGA) (TSE:TGL) last posted its earnings results on Monday, August 12th. The basic materials company reported $0.14 EPS for the quarter. The firm had revenue of $43.07 million for the quarter. TransGlobe Energy had a return on equity of 4.01% and a net margin of 8.65%. On average, sell-side analysts forecast that TransGlobe Energy will post 0.82 earnings per share for the current year.
About TransGlobe Energy
TransGlobe Energy Corporation, together with its subsidiaries, engages in the exploration, development, and production of crude oil and natural gas in Egypt and Canada. The company holds an interest in five production sharing concessions, including West Gharib, West Bakr, South Alamein, NW Gharib, and South Ghazalat, Egypt; and owns production and working interests in facilities in the Cardium light oil and Mannville liquid-rich gas assets in the Harmattan area of west central Alberta, Canada.
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