President Energy (LON:PPC) Reaches New 1-Year Low at $3.57

President Energy PLC (LON:PPC)’s share price reached a new 52-week low on Wednesday . The company traded as low as GBX 3.57 ($0.05) and last traded at GBX 3.80 ($0.05), with a volume of 667466 shares trading hands. The stock had previously closed at GBX 3.90 ($0.05).

A number of research analysts recently weighed in on the company. Peel Hunt reaffirmed an “add” rating on shares of President Energy in a report on Friday, November 1st. Peel Hunt reissued an “add” rating and issued a GBX 10.50 ($0.14) target price on shares of President Energy in a report on Wednesday, August 28th. Finally, FinnCap reissued a “corporate” rating and issued a GBX 10 ($0.13) target price (down previously from GBX 19 ($0.25)) on shares of President Energy in a report on Monday.

The company has a debt-to-equity ratio of 19.31, a current ratio of 0.51 and a quick ratio of 0.51. The company’s 50 day moving average is GBX 4.08 and its 200 day moving average is GBX 5.90. The stock has a market cap of $40.96 million and a price-to-earnings ratio of 12.33.

President Energy Company Profile (LON:PPC)

President Energy PLC engages in the exploration, evaluation, and production of oil and gas properties primarily in South America. The company holds interests in the Pirity and Hernandarias concessions located in the Pirity Sub-Basin in Paraguay; the CNO-8 Puesto Guardian, and Matorras and Ocultar licenses in Argentina; and the Las Bases and Puesto Prado Concessions in Rio Negro Province, Argentina.

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