Petra Diamonds (LON:PDL) Hits New 12-Month Low at $29.20

Petra Diamonds Limited (LON:PDL)’s stock price hit a new 52-week low on Tuesday . The company traded as low as GBX 29.20 ($0.37) and last traded at GBX 29.90 ($0.38), with a volume of 4259 shares. The stock had previously closed at GBX 29.90 ($0.38).

Petra Diamonds Stock Performance

The company has a debt-to-equity ratio of 103.61, a quick ratio of 3.52 and a current ratio of 1.85. The company has a market cap of £58.07 million, a P/E ratio of -76.67, a P/E/G ratio of 0.17 and a beta of 1.48. The firm has a 50 day moving average price of GBX 38.38 and a 200-day moving average price of GBX 42.

Insider Buying and Selling

In related news, insider José Manuel Vargas purchased 1,500,000 shares of the stock in a transaction on Friday, May 17th. The shares were bought at an average price of GBX 40 ($0.51) per share, for a total transaction of £600,000 ($766,773.16). Corporate insiders own 40.18% of the company’s stock.

Petra Diamonds Company Profile

Petra Diamonds Limited, an investment holding company, engages in the mining, processing, sorting, and sale of rough diamonds in South Africa and Tanzania. It also provides treasury, beneficiation, and other services. Petra Diamonds Limited was incorporated in 1997 and is based in London, the United Kingdom.