Petrel Resources Plc (LON:PET – Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 1.99 ($0.02) and traded as low as GBX 1.70 ($0.02). Petrel Resources shares last traded at GBX 1.80 ($0.02), with a volume of 214,866 shares.
Petrel Resources Price Performance
The stock has a market capitalization of £3.31 million, a PE ratio of -7.17 and a beta of 0.28. The stock’s fifty day moving average is GBX 1.93 and its 200-day moving average is GBX 1.99.
Petrel Resources Company Profile
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.
See Also
- Five stocks we like better than Petrel Resources
- How to Most Effectively Use the MarketBeat Earnings Screener
- Hasbro’s Management Made All the Right Calls This Quarter
- 3 REITs to Buy and Hold for the Long Term
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Power Surge: Utilities Sector’s Resilience Shines
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.
