Petrofac (LON:PFC) Stock Price Up 8.3% – Should You Buy?

Petrofac Limited (LON:PFCGet Free Report)’s share price was up 8.3% during trading on Tuesday . The stock traded as high as GBX 8.60 ($0.11) and last traded at GBX 8.40 ($0.10). Approximately 8,949,092 shares were traded during mid-day trading, an increase of 131% from the average daily volume of 3,878,208 shares. The stock had previously closed at GBX 7.76 ($0.10).

Petrofac Trading Down 1.7 %

The stock has a market capitalization of £43.12 million, a P/E ratio of -9.72, a PEG ratio of -6.27 and a beta of 0.97. The firm’s 50-day simple moving average is GBX 9.71 and its 200 day simple moving average is GBX 12.72. The company has a quick ratio of 1.31, a current ratio of 0.68 and a debt-to-equity ratio of 900.89.

Petrofac Company Profile

(Get Free Report)

Petrofac Limited designs, builds, manages, maintains, and decommissions infrastructure for the energy industries in the United Kingdom, Algeria, Lithuania, Malaysia, the United States, Thailand, Oman, Australia, Bahrain, Kuwait, Iraq, Libya, India, the United Arab Emirates, the Netherlands, Ivory Coast, and internationally.

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